Carolina Trust BancShares (CART) Rating Increased to Buy at ValuEngine
Carolina Trust BancShares (NASDAQ:CART) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
Shares of Carolina Trust BancShares (NASDAQ CART) traded up $0.05 during mid-day trading on Thursday, reaching $9.30. The company’s stock had a trading volume of 265 shares, compared to its average volume of 5,740. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.04 and a current ratio of 1.04. Carolina Trust BancShares has a 12 month low of $6.20 and a 12 month high of $12.00. The firm has a market capitalization of $43.05, a P/E ratio of 42.02 and a beta of 0.44.
Carolina Trust BancShares (NASDAQ:CART) last issued its earnings results on Friday, October 27th. The bank reported $0.07 EPS for the quarter. Carolina Trust BancShares had a return on equity of 3.87% and a net margin of 6.26%. The company had revenue of $3.91 million during the quarter.
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About Carolina Trust BancShares
Carolina Trust Bank (the Bank) is a state-chartered bank. The primary purpose of the Bank is to serve the banking needs of individuals and businesses in Lincoln County and surrounding areas. The Bank is a community-focused financial institution offering a range of financial services to small to medium-sized businesses, professionals and individual consumers in its community.
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