GrandSouth Bancorporation (OTCMKTS:GRRB) reduced to own Zacks Investment Research

GrandSouth Bancorporation (OTCMKTS: GRRBGet a rating) was downgraded by Zacks Investment Research from a “buy” to a “hold” rating in a note issued to investors on Tuesday, reports.

Separately, Janney Montgomery Scott began covering GrandSouth Bancorporation shares in a report on Monday, February 14. They issued a “neutral” rating on the title.

GRRB traded at $0.30 during Tuesday’s trading, reaching $27.50. The company had a trading volume of 716 shares, compared to an average volume of 1,528 shares. The company has a 50-day moving average of $28.06 and a 200-day moving average of $27.97. GrandSouth Bancorporation has a 1 year minimum of $21.00 and a 1 year maximum of $33.99.

About GrandSouth Bancorporation (Get a rating)

GrandSouth Bancorporation operates as a bank holding company for GrandSouth Bank which provides retail and corporate banking services. It accepts checking accounts, savings accounts, money market accounts, various term deposit certificates, and individual retirement accounts. The Company also offers residential housing for one to four families, commercial real estate, equity and lines of credit, residential construction and other construction and land, and commercial loans; and consumer loans including loans secured by personal property, such as automobiles, marketable securities, boats and motorcycles, as well as unsecured consumer debt.

Further reading

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