Southern Banc (OTCMKTS:SRNN) Shares Up 9.1%

The Southern Banc Company, Inc. (OTCMKTS:SRNN) shot up 9.1% during trading on Tuesday . The company traded as high as $12.00 and last traded at $12.00. 100 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,056 shares. The stock had previously closed at $11.00.

Southern Banc Stock Up 9.1 %

The stock’s 50-day moving average price is $11.63 and its 200 day moving average price is $12.07. The firm has a market capitalization of $9.67 million, a price-to-earnings ratio of 4.71 and a beta of -0.35.

Southern Banc (OTCMKTS:SRNN) last announced its quarterly earnings data on Tuesday, May 14th. The company reported $0.44 earnings per share (EPS) for the quarter. Southern Banc had a net margin of 18.83% and a return on equity of 15.16%. The firm had revenue of $2.06 million during the quarter.

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.