Carolina Trust Bancshares (CART) Rating Increased to Hold at ValuEngine
CART opened at $8.65 on Monday. The firm has a market capitalization of $61.00 million, a PE ratio of 15.50 and a beta of 0.40. Carolina Trust Bancshares has a 12-month low of $7.20 and a 12-month high of $9.35. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.52.
Carolina Trust Bancshares (NASDAQ:CART) last released its earnings results on Tuesday, January 29th. The bank reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $4.60 million during the quarter. Carolina Trust Bancshares had a return on equity of 8.14% and a net margin of 13.17%.
Carolina Trust Bancshares Company Profile
Carolina Trust BancShares, Inc operates as the bank holding company for Carolina Trust Bank, a state chartered bank that provides commercial banking products and services for individuals and businesses. It offers non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; commercial, installment, residential mortgage, home equity lines, commercial real estate, and personal loans; safe deposit boxes; and other associated services.
Further Reading: Are sell-side analysts objective?
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