News stories about Shore Bancshares (NASDAQ:SHBI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shore Bancshares earned a news impact score of 0.05 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.8994335447431 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of SHBI stock traded down $0.09 during mid-day trading on Thursday, hitting $18.33. The stock had a trading volume of 11,118 shares, compared to its average volume of 26,471. Shore Bancshares has a 12-month low of $15.17 and a 12-month high of $19.80. The stock has a market capitalization of $230.90, a price-to-earnings ratio of 18.69 and a beta of 0.23.
Shore Bancshares (NASDAQ:SHBI) last issued its earnings results on Thursday, January 25th. The bank reported $0.27 earnings per share for the quarter. Shore Bancshares had a return on equity of 7.70% and a net margin of 17.18%. The business had revenue of $16.71 million during the quarter.
About Shore Bancshares
Shore Bancshares, Inc is a financial holding company, which engages in the provision of commercial banking products and services. It operates through the Community Banking and Insurance Products and Services segments. The Community Banking segment comprises small business services, retail brokerage, trust services, and consumer banking products and services.
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