ValuEngine lowered shares of First Reliance Bancshares Inc (SuthCrln) (OTCMKTSBB:FSRL) from a buy rating to a hold rating in a research report released on Monday morning.

First Reliance Bancshares Inc (OTCMKTSBB:FSRL) opened at 7.25 on Monday. First Reliance Bancshares Inc has a 52 week low of $5.12 and a 52 week high of $8.00. The firm has a 50-day moving average price of $7.14 and a 200-day moving average price of $6.91. The company has a market cap of $34.31 million and a P/E ratio of 13.43.

ILLEGAL ACTIVITY NOTICE: “First Reliance Bancshares Inc (SuthCrln) (FSRL) Downgraded by ValuEngine” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at

About First Reliance Bancshares Inc (SuthCrln)

First Reliance Bancshares, Inc is the bank holding company for its subsidiary, First Reliance Bank (the Bank). The principal business activity of the Bank is to provide banking services to domestic markets, principally in Florence, Lexington, and Charleston Counties in South Carolina. The Bank is a South Carolina chartered commercial bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

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

Receive News & Stock Ratings for First Reliance Bancshares Inc (SuthCrln) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Reliance Bancshares Inc (SuthCrln) and related stocks with our FREE daily email newsletter.