West Coast Community Bancorp (OTCMKTS:SCZC) Share Price Passes Above 50 Day Moving Average – Should You Sell?

West Coast Community Bancorp (OTCMKTS:SCZC)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $38.92 and traded as high as $41.00. West Coast Community Bancorp shares last traded at $41.00, with a volume of 902 shares changing hands.

West Coast Community Bancorp Stock Performance

The firm has a 50 day simple moving average of $38.95 and a two-hundred day simple moving average of $36.59. The stock has a market cap of $432.14 million, a P/E ratio of 10.05 and a beta of 0.77.

West Coast Community Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were paid a dividend of $0.18 per share. The ex-dividend date was Tuesday, November 5th. This represents a $0.72 annualized dividend and a yield of 1.76%. This is an increase from West Coast Community Bancorp’s previous quarterly dividend of $0.17. West Coast Community Bancorp’s payout ratio is presently 17.65%.

About West Coast Community Bancorp

West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans.