Southern Banc (OTCMKTS:SRNN) Trading Up 1% – Here’s What Happened

Southern Banc Co. (OTCMKTS:SRNN) shares rose 1% during mid-day trading on Monday . The stock traded as high as $10.53 and last traded at $10.53. Approximately 100 shares were traded during trading, a decline of 47% from the average daily volume of 189 shares. The stock had previously closed at $10.4274.

Southern Banc Stock Up 1.0%

The stock has a market cap of $8.53 million, a P/E ratio of 8.70 and a beta of -0.09. The firm’s 50 day simple moving average is $10.11 and its two-hundred day simple moving average is $10.56.

Southern Banc (OTCMKTS:SRNN) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.25 EPS for the quarter. The business had revenue of $2.40 million during the quarter. Southern Banc had a net margin of 7.55% and a return on equity of 5.65%.

Southern Banc Company Profile

The Southern Banc Company, Inc operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama. The company’s personal banking products include checking accounts, home mortgage loans, home equity loans, auto loans, and personal loans. Its business banking products comprise business checking accounts, cash flow management, real estate lending, and equipment financing. The Southern Banc Company, Inc was founded in 1936 and is based in Gadsden, Alabama.