News headlines about Northeast Bancorp (NASDAQ:NBN) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Northeast Bancorp earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.5431831528056 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Northeast Bancorp (NASDAQ NBN) traded down $0.45 during mid-day trading on Friday, hitting $24.15. 36,074 shares of the stock were exchanged, compared to its average volume of 33,990. Northeast Bancorp has a 12 month low of $12.35 and a 12 month high of $29.95. The firm has a market capitalization of $195.09, a price-to-earnings ratio of 14.29 and a beta of 0.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.06 and a quick ratio of 1.05.
Separately, ValuEngine cut shares of Northeast Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
ILLEGAL ACTIVITY WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Northeast Bancorp (NBN) Share Price” was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.com-unik.info/2017/12/24/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-northeast-bancorp-nbn-share-price-2.html.
Northeast Bancorp Company Profile
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.
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.