News stories about ASB Bancorp (NASDAQ:ASBB) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ASB Bancorp earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.3591231507973 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of ASB Bancorp (ASBB) opened at $45.10 on Tuesday. ASB Bancorp has a twelve month low of $25.73 and a twelve month high of $46.00.
Separately, TheStreet downgraded ASB Bancorp from a “b” rating to a “c+” rating in a report on Monday, August 28th.
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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