Select Bancorp (SLCT) Receiving Somewhat Positive Press Coverage, Report Shows
Media coverage about Select Bancorp (NASDAQ:SLCT) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Select Bancorp earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 44.0094231846603 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Select Bancorp (SLCT) Upgraded to “Buy” at ValuEngine (americanbankingnews.com)
- Select Bancorp, Inc. (SLCT) Given $13.00 Average Target Price by Brokerages (americanbankingnews.com)
- Critical Contrast: Heritage Financial (HFWA) & Select Bancorp (SLCT) (americanbankingnews.com)
- Is It Time To Buy Select Bancorp Inc (NASDAQ:SLCT)? (finance.yahoo.com)
Select Bancorp (NASDAQ:SLCT) traded down $0.01 on Wednesday, reaching $12.63. 3,700 shares of the company’s stock traded hands, compared to its average volume of 2,800. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $147.42, a price-to-earnings ratio of 21.78 and a beta of 0.27. Select Bancorp has a 12 month low of $9.60 and a 12 month high of $12.75.
Separately, ValuEngine upgraded shares of Select Bancorp from a “hold” rating to a “buy” rating in a report on Sunday.
In related news, Director Anthony Rand acquired 3,221 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were acquired at an average cost of $12.08 per share, for a total transaction of $38,909.68. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 14.21% of the company’s stock.
Select Bancorp Company Profile
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
Receive News & Ratings for Select Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.