Southern Banc (OTCMKTS:SRNN) Share Price Breaks Above 50-Day Moving Average – Time to Sell?

Southern Banc Co. (OTCMKTS:SRNN) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $16.58 and traded as high as $17.38. Southern Banc shares last traded at $17.38, with a volume of 2,639 shares traded.

Southern Banc Trading Up 8.6%

The business’s fifty day moving average is $16.58 and its 200 day moving average is $14.19. The firm has a market capitalization of $14.08 million, a P/E ratio of 9.34 and a beta of 0.33.

Southern Banc (OTCMKTS:SRNN) last released its earnings results on Thursday, November 12th. The company reported $0.99 EPS for the quarter. Southern Banc had a net margin of 10.75% and a return on equity of 8.03%.

About Southern Banc

Southern Banc is a bank holding company for Southern Bank, a community-focused financial institution serving individuals, families and businesses in portions of Missouri and Arkansas. Its banking operations are centered on relationship-based financial services for local markets. Southern Bank provides deposit products such as checking and savings accounts, money market accounts and certificates of deposit. Its lending activities include residential real estate, commercial, agricultural and consumer loans.