Southern Banc (OTCMKTS:SRNN) Stock Falls 2.1% – Here’s Why

by · The Cerbat Gem

Southern Banc Co. (OTCMKTS:SRNN – Get Free Report)’s stock price traded down 2.1% during mid-day trading on Monday. The company traded as low as $16.46 and last traded at $16.46. 760 shares changed hands during trading, an increase of 1,117% from the average daily volume of 62 shares. The stock had previously closed at $16.8125.

Southern Banc Price Performance

The company has a market cap of $13.33 million, a price-to-earnings ratio of 11.76 and a beta of -0.05. The firm has a 50-day moving average price of $16.29 and a 200 day moving average price of $14.31.

About Southern Banc

(Get Free Report)

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.

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