Southern First Bancshares, Inc. (NASDAQ:SFST – Get Rating) Director David G. Ellison purchased 250 shares of the stock in a transaction on Monday, May 9th. The stock was acquired at an average cost of $44.57 per share, for a total transaction of $11,142.50. Following the acquisition, the director now owns 40,668 shares in the company, valued at $1,812,572.76. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of NASDAQ SFST traded down $1.09 during trading hours on Wednesday, reaching $43.97. 15,857 shares of the stock traded hands, compared to its average volume of 19,240. The company has a market capitalization of $350.79 million, a P/E ratio of 7.53 and a beta of 0.94. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.13. Southern First Bancshares, Inc. has a 52-week low of $43.33 and a 52-week high of $65.59. The company’s 50-day simple moving average is $50.19 and its two-hundred day simple moving average is $56.55.
Several analysts have weighed in on the company. Zacks Investment Research cut Southern First Bancshares from a “buy” rating to a “hold” rating in a report on Friday, April 1st. StockNews.com started coverage on Southern First Bancshares in a report on Thursday, March 31st. They set a “hold” rating on the stock.
About Southern First Bancshares (Get Rating)
Southern First Bancshares, Inc operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia. It operates through three segments: Commercial and Retail Banking, Mortgage Banking, and Corporate Operations.
- Get a free copy of the StockNews.com research report on Southern First Bancshares (SFST)
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