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TC Bancshares (NASDAQ:TCBC) Trading 0.7% Higher - Here's What Happened


TC Bancshares (NASDAQ:TCBC) Trading 0.7% Higher   - Here's What Happened

TC Bancshares, Inc. (NASDAQ:TCBC - Get Free Report) shares rose 0.7% on Wednesday . The company traded as high as $16.85 and last traded at $16.85. Approximately 300 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 9,717 shares. The stock had previously closed at $16.74.

The business has a 50-day simple moving average of $16.97 and a two-hundred day simple moving average of $15.64. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.06 and a quick ratio of 1.06.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be issued a $0.05 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.20 annualized dividend and a dividend yield of 1.19%.

TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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