Media headlines about Middlefield Banc (NASDAQ:MBCN) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Middlefield Banc earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.7357551597669 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities research analysts have commented on the company. Boenning Scattergood assumed coverage on Middlefield Banc in a research note on Tuesday, August 15th. They issued an “outperform” rating for the company. Zacks Investment Research cut Middlefield Banc from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 1st.
Middlefield Banc (MBCN) traded up $0.95 during mid-day trading on Monday, hitting $46.15. The stock had a trading volume of 2,100 shares, compared to its average volume of 5,919. Middlefield Banc has a 52 week low of $36.60 and a 52 week high of $54.60. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $148.36, a price-to-earnings ratio of 14.89 and a beta of 0.15.
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About Middlefield Banc
Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.
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