Media stories about Atlantic Coast Financial (NASDAQ:ACFC) have trended positive on Thursday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 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. Atlantic Coast Financial earned a media sentiment score of 0.42 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.9128036402859 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Atlantic Coast Financial stock opened at $10.78 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.37 and a debt-to-equity ratio of 2.36. The firm has a market cap of $168.90, a P/E ratio of 31.94 and a beta of 0.53. Atlantic Coast Financial has a twelve month low of $7.05 and a twelve month high of $11.21.
Atlantic Coast Financial (NASDAQ:ACFC) last announced its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The firm had revenue of $8.49 million during the quarter, compared to analysts’ expectations of $8.59 million. Atlantic Coast Financial had a net margin of 7.66% and a return on equity of 5.77%.
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Atlantic Coast Financial Company Profile
Atlantic Coast Financial Corporation is a thrift holding company. The Company, through its subsidiary, Atlantic Coast Bank (the Bank), a federally chartered and insured stock savings bank supervised by the Office of the Comptroller of the Currency (the OCC), serves the Northeast Florida, Central Florida and Southeast Georgia markets.
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