Positive News Coverage Somewhat Unlikely to Affect National Bankshares (NKSH) Share Price

Media headlines about National Bankshares (NASDAQ:NKSH) have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Bankshares earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 44.9283774377149 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several equities research analysts recently weighed in on NKSH shares. BidaskClub downgraded shares of National Bankshares from a “sell” rating to a “strong sell” rating in a report on Friday, January 5th. Sandler O’Neill raised shares of National Bankshares from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a report on Monday, February 26th. Finally, Canaccord Genuity upgraded shares of National Bankshares from a “hold” rating to a “buy” rating in a research report on Monday, February 26th.

Shares of NKSH stock traded up $0.85 during trading on Wednesday, reaching $44.00. 7,743 shares of the company’s stock traded hands, compared to its average volume of 6,263. National Bankshares has a 12-month low of $36.75 and a 12-month high of $47.70. The company has a market capitalization of $300.24, a PE ratio of 20.84 and a beta of 0.32.

In other National Bankshares news, Director Norman V. Fitzwater III purchased 1,000 shares of the company’s stock in a transaction on Thursday, August 16th. The shares were purchased at an average cost of $37.25 per share, for a total transaction of $37,250.00. Following the completion of the transaction, the director now owns 4,000 shares in the company, valued at $149,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders acquired 1,045 shares of company stock worth $39,166. 3.68% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: “Positive News Coverage Somewhat Unlikely to Affect National Bankshares (NKSH) Share Price” was reported by BBNS and is the property of of BBNS. If you are reading this report on another website, it was copied illegally and reposted in violation of US and international copyright legislation. The correct version of this report can be accessed at https://baseballnewssource.com/2018/03/21/national-bankshares-nksh-receives-media-impact-score-of-0-27/1924068.html.

About National Bankshares

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposits, and individual retirement accounts Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties.

Insider Buying and Selling by Quarter for National Bankshares (NASDAQ:NKSH)

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