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Bank Of South Carolina (NASDAQ:BKSC) Chairman Hugh C. Lane, Jr. acquired 1,000 shares of Bank Of South Carolina stock on the open market in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $14.99 per share, for a total transaction of $14,990.00. Following the completion of the acquisition, the chairman now directly owns 264,742 shares in the company, valued at approximately $3,968,483. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Bank Of South Carolina (NASDAQ:BKSC) remained flat at $15.00 during during mid-day trading trading on Friday. 1,001 shares of the company’s stock traded hands. Bank Of South Carolina has a one year low of $13.11 and a one year high of $17.44. The stock’s 50-day moving average is $14.94 and its 200-day moving average is $15.05. The company has a market cap of $66.9 million and a P/E ratio of 16.67.

Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its wholly owned subsidiary, The Bank of South Carolina (NASDAQ:BKSC).

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