West Coast Community Bancorp (OTCMKTS:SCZC) Stock Price Breaks Above Fifty Day Moving Average – What’s Next?

West Coast Community Bancorp (OTCMKTS:SCZC)’s share price crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $55.43 and traded as high as $59.84. West Coast Community Bancorp shares last traded at $59.50, with a volume of 7,911 shares trading hands.

West Coast Community Bancorp Stock Performance

The stock has a market cap of $629.99 million, a PE ratio of 17.55 and a beta of 0.49. The company’s 50-day moving average price is $55.71 and its 200 day moving average price is $51.37.

Institutional Inflows and Outflows

A hedge fund recently raised its position in West Coast Community Bancorp stock. Ancora Advisors LLC grew its holdings in shares of West Coast Community Bancorp (OTCMKTS:SCZC) by 14.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,820 shares of the financial services provider’s stock after acquiring an additional 850 shares during the period. Ancora Advisors LLC owned about 0.06% of West Coast Community Bancorp worth $341,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 9.69% of the company’s stock.

West Coast Community Bancorp Company Profile

West Coast Community Bancorp is the bank holding company for Santa Cruz County Bank, a community-focused financial institution headquartered in Santa Cruz, California. Through its banking subsidiary, the company provides deposit, lending and other financial services to businesses, professionals, nonprofit organizations and individual customers.

Its product offerings include checking and savings accounts, certificates of deposit, commercial and industrial loans, commercial real estate financing, construction and land development loans, residential real estate loans, consumer credit and small business lending.