Seacoast Commerce Banc (OTCMKTS:SCBH) Downgraded to “Sell” at ValuEngine

ValuEngine lowered shares of Seacoast Commerce Banc (OTCMKTS:SCBH) from a hold rating to a sell rating in a research report released on Friday morning, ValuEngine reports.

Shares of OTCMKTS:SCBH opened at $19.00 on Friday. Seacoast Commerce Banc has a fifty-two week low of $19.00 and a fifty-two week high of $24.50. The firm’s 50-day simple moving average is $19.30. The company has a market cap of $184.88 million, a P/E ratio of 13.72 and a beta of 0.18.

About Seacoast Commerce Banc

Seacoast Commerce Banc Holdings operates as a bank holding company for Seacoast Commerce Bank that provides various banking products and services principally to small and middle market businesses and individuals in California. Its deposits products include checking, investors' money market, basic money market, and regular savings accounts, as well as certificates of deposit.

See Also: Diluted Earnings Per Share

To view ValuEngine’s full report, visit ValuEngine’s official website.

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