First Bancshares (FBMS) Receives Daily Coverage Optimism Score of 0.25
Press coverage about First Bancshares (NASDAQ:FBMS) has trended positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Bancshares earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.3613677792394 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of brokerages have recently issued reports on FBMS. ValuEngine upgraded First Bancshares from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BidaskClub cut First Bancshares from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Zacks Investment Research upgraded First Bancshares from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research note on Tuesday, October 31st. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $32.00 price target on shares of First Bancshares in a research note on Tuesday, October 3rd.
Shares of First Bancshares (NASDAQ FBMS) opened at $33.25 on Tuesday. First Bancshares has a 12 month low of $26.05 and a 12 month high of $35.10. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $370.15, a price-to-earnings ratio of 28.91 and a beta of -0.29.
In other First Bancshares news, Director J Douglas Seidenburg purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average price of $29.00 per share, for a total transaction of $87,000.00. Following the purchase, the director now owns 100,740 shares in the company, valued at $2,921,460. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders purchased 4,250 shares of company stock worth $123,250. 8.08% of the stock is owned by company insiders.
WARNING: This piece was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/first-bancshares-fbms-receives-daily-coverage-optimism-score-of-0-25/1819377.html.
About First Bancshares
The First Bancshares, Inc is a bank holding company for The First, A National Banking Association (the Bank). The Company and the Bank engage in a general commercial and retail banking business for small to medium-sized businesses, professional concerns and individuals. The Bank provides a range of banking services in its primary market area of South Mississippi, South Alabama and Louisiana.
Receive News & Ratings for First Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.