Coastal Banking (OTCMKTS:CBCO) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Friday.

Shares of Coastal Banking (OTCMKTS CBCO) traded up $0.05 during mid-day trading on Friday, reaching $20.95. The company’s stock had a trading volume of 2,500 shares, compared to its average volume of 21,081. Coastal Banking has a 1-year low of $14.33 and a 1-year high of $20.99.

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Coastal Banking Company Profile

Coastal Banking Company, Inc is a bank holding company for CBC National Bank (the Bank). The Bank provides a range of commercial and consumer banking services to customers throughout Beaufort County, South Carolina and Nassau County, Florida. The Bank operates through three segments: community banking, SBA lending and mortgage banking operations.

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