Northeast Bancorp (NASDAQ:NBN) Receives Daily News Impact Rating of 0.06

News headlines about Northeast Bancorp (NASDAQ:NBN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northeast Bancorp earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.8719970450906 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Northeast Bancorp (NASDAQ NBN) traded up $0.45 during midday trading on Monday, hitting $24.75. 25,700 shares of the company were exchanged, compared to its average volume of 49,067. Northeast Bancorp has a fifty-two week low of $12.95 and a fifty-two week high of $29.95. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $196.28, a PE ratio of 14.65 and a beta of 0.28.

Northeast Bancorp (NASDAQ:NBN) last issued its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.50 earnings per share for the quarter. Northeast Bancorp had a net margin of 30.03% and a return on equity of 14.74%.

Separately, ValuEngine cut shares of Northeast Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

In related news, Director Julie Jenkins sold 4,000 shares of Northeast Bancorp stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $25.35, for a total transaction of $101,400.00. Following the transaction, the director now directly owns 21,955 shares of the company’s stock, valued at $556,559.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 13.38% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: This news story was first published by BBNS and is the property of of BBNS. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this news story can be accessed at https://baseballnewssource.com/markets/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-northeast-bancorp-nbn-stock-price/1818882.html.

About Northeast Bancorp

Northeast Bancorp is a bank holding company. The Company’s banking subsidiary is Northeast Bank (the Bank). The Company provides a range of banking services to individual and corporate customers throughout south-central and western Maine and conducts loan purchasing and origination activities nationwide through its subsidiary.

Insider Buying and Selling by Quarter for Northeast Bancorp (NASDAQ:NBN)

Receive News & Ratings for Northeast Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northeast Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.