TC Bancshares (NASDAQ:TCBC) Shares Up 0.7% – Should You Buy?

Shares of TC Bancshares, Inc. (NASDAQ:TCBCGet Free Report) rose 0.7% during trading on Wednesday . The stock 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.

TC Bancshares Price Performance

The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.14. The business’s 50-day simple moving average is $16.99 and its two-hundred day simple moving average is $15.65.

TC Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, January 10th.

About TC Bancshares

(Get Free Report)

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.

Further Reading

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