Somewhat Positive Press Coverage Somewhat Unlikely to Affect ASB Bancorp (ASBB) Stock Price

News headlines about ASB Bancorp (NASDAQ:ASBB) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ASB Bancorp earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.2630804504747 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of ASB Bancorp (NASDAQ:ASBB) opened at 43.75 on Friday. The firm’s 50-day moving average price is $44.14 and its 200 day moving average price is $38.77. ASB Bancorp has a 52 week low of $24.80 and a 52 week high of $46.00. The stock has a market capitalization of $154.04 million, a P/E ratio of 114.83 and a beta of 0.34.

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About ASB Bancorp

ASB Bancorp, Inc is the holding company for Asheville Savings Bank (the Bank). The Company’s principal business activity is the ownership of the outstanding shares of common stock of the Bank. The Bank is a chartered savings bank. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its primary market area.

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