Favorable Media Coverage Somewhat Unlikely to Impact Southern First Bancshares (SFST) Share Price

News articles about Southern First Bancshares (NASDAQ:SFST) have trended positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Southern First Bancshares earned a news sentiment score of 0.38 on Accern’s scale. Accern also gave news stories about the bank an impact score of 44.0661405927985 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

SFST has been the topic of a number of research reports. ValuEngine lowered Southern First Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. BidaskClub upgraded Southern First Bancshares from a “hold” rating to a “buy” rating in a research report on Saturday, February 10th. Finally, Zacks Investment Research lowered Southern First Bancshares from a “buy” rating to a “hold” rating in a research report on Wednesday, February 28th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $40.50.

SFST stock traded up $0.60 during midday trading on Wednesday, hitting $46.10. The company’s stock had a trading volume of 9,721 shares, compared to its average volume of 14,442. Southern First Bancshares has a 1 year low of $31.40 and a 1 year high of $46.70. The company has a market cap of $342.82, a price-to-earnings ratio of 23.39 and a beta of 0.69. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.07 and a quick ratio of 1.06.

In other Southern First Bancshares news, President F Justin Strickland sold 3,893 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $43.50, for a total value of $169,345.50. Following the sale, the president now owns 67,889 shares in the company, valued at approximately $2,953,171.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael D. Dowling sold 1,700 shares of the company’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $44.25, for a total value of $75,225.00. Following the completion of the sale, the chief financial officer now owns 26,807 shares in the company, valued at approximately $1,186,209.75. The disclosure for this sale can be found here. Insiders sold a total of 7,357 shares of company stock worth $322,187 in the last quarter. Corporate insiders own 12.85% of the company’s stock.

WARNING: “Favorable Media Coverage Somewhat Unlikely to Impact Southern First Bancshares (SFST) Share Price” was first reported by BBNS and is the sole property of of BBNS. If you are reading this report on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The correct version of this report can be read at https://baseballnewssource.com/2018/03/21/southern-first-bancshares-sfst-earning-positive-news-coverage-report-shows/1923085.html.

About Southern First Bancshares

Southern First Bancshares, Inc is a bank holding company that owns the capital stock of Southern First Bank (the Bank), a South Carolina state bank, and all of the stock of Greenville First Statutory Trust I and II (the Trusts). The Bank is a commercial bank with approximately nine retail offices located in Greenville, Columbia and Charleston, South Carolina.

Insider Buying and Selling by Quarter for Southern First Bancshares (NASDAQ:SFST)

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