Select Bancorp (SLCT) Receives News Sentiment Score of 0.11
Media headlines about Select Bancorp (NASDAQ:SLCT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Select Bancorp earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 47.8331461616912 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Select Bancorp traded up $0.09, reaching $12.78, during mid-day trading on Friday, MarketBeat Ratings reports. 1,245 shares of the stock traded hands, compared to its average volume of 7,825. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.41. Select Bancorp has a one year low of $10.90 and a one year high of $14.14. The stock has a market capitalization of $177.98 million, a price-to-earnings ratio of 17.63 and a beta of 0.18.
Select Bancorp (NASDAQ:SLCT) last posted its quarterly earnings data on Thursday, May 10th. The bank reported $0.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.04. Select Bancorp had a net margin of 8.96% and a return on equity of 7.37%. The business had revenue of $12.87 million for the quarter.
Select Bancorp, Inc operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, money market and NOW accounts, savings accounts, and time deposits.
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