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%.
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.
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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.
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