Headlines about Middlefield Banc (NASDAQ:MBCN) have trended somewhat positive on Saturday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Middlefield Banc earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 44.035718880945 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
- Middlefield Banc Corp (MBCN) Director Sells $29,604.00 in Stock (americanbankingnews.com)
- Middlefield Banc Corp (MBCN) Plans Dividend Increase – $0.28 Per Share (americanbankingnews.com)
- Middlefield Banc Corp. Returns Capital to Shareholders and Employees (finance.yahoo.com)
- Middlefield Banc Corp (MBCN) Given Average Rating of “Strong Buy” by Brokerages (americanbankingnews.com)
- William A. Et Al Valerian Sells 400 Shares of Middlefield Banc Corp (MBCN) Stock (americanbankingnews.com)
Middlefield Banc (NASDAQ:MBCN) traded up $1.50 on Friday, hitting $49.00. 3,436 shares of the company were exchanged, compared to its average volume of 4,121. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $152.84, a P/E ratio of 15.81 and a beta of 0.17. Middlefield Banc has a twelve month low of $40.00 and a twelve month high of $54.60.
A number of equities analysts have weighed in on the stock. Boenning Scattergood reaffirmed a “buy” rating on shares of Middlefield Banc in a research note on Wednesday, January 31st. ValuEngine downgraded shares of Middlefield Banc from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 target price on shares of Middlefield Banc in a research note on Friday, December 22nd. Finally, Zacks Investment Research raised shares of Middlefield Banc from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Wednesday, January 3rd.
In related news, Director William A. Et Al Valerian sold 1,858 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $50.42, for a total transaction of $93,680.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William A. Et Al Valerian sold 1,100 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $49.86, for a total transaction of $54,846.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,881 shares of company stock valued at $243,643. 8.41% of the stock is currently owned by insiders.
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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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