Press coverage about American River Bankshares (NASDAQ:AMRB) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American River Bankshares earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.6171189075976 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- American River Bankshares (AMRB) Given $15.50 Consensus Target Price by Analysts (americanbankingnews.com)
- American River Bankshares (AMRB) Expected to Announce Earnings of $0.23 Per Share (americanbankingnews.com)
- American River Bankshares (AMRB) Downgraded to “Sell” at Zacks Investment Research (americanbankingnews.com)
- Governor Abbott Appoints 12 To Governor’s Commission For Women (myhighplains.com)
American River Bankshares (NASDAQ AMRB) traded up $0.02 during midday trading on Friday, hitting $15.70. The company had a trading volume of 8,304 shares, compared to its average volume of 18,655. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.62 and a current ratio of 0.62. American River Bankshares has a 12 month low of $12.97 and a 12 month high of $16.49. The firm has a market cap of $94.88, a P/E ratio of 32.04 and a beta of 0.31.
American River Bankshares declared that its Board of Directors has approved a stock buyback program on Thursday, January 25th that authorizes the company to buyback 310,000 outstanding shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.
AMRB has been the topic of several recent research reports. ValuEngine raised American River Bankshares from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised American River Bankshares from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Wednesday, January 10th. Finally, Sandler O’Neill set a $16.00 price objective on American River Bankshares and gave the company a “hold” rating in a report on Thursday, January 4th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the stock. American River Bankshares presently has an average rating of “Hold” and a consensus target price of $16.50.
In other American River Bankshares news, COO Kevin Bender sold 4,878 shares of American River Bankshares stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $15.01, for a total transaction of $73,218.78. Following the transaction, the chief operating officer now directly owns 13,473 shares of the company’s stock, valued at approximately $202,229.73. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 12.50% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact American River Bankshares (AMRB) Share Price” was published by BBNS and is the property of of BBNS. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at https://baseballnewssource.com/2018/03/17/american-river-bankshares-amrb-receives-daily-coverage-optimism-rating-of-0-23/2000795.html.
About American River Bankshares
American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services.
Receive News & Ratings for American River Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American River Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.