First Bancshares (FBMS) Receiving Somewhat Positive News Coverage, Analysis Finds
Media coverage about First Bancshares (NASDAQ:FBMS) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. First Bancshares earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 44.7724341732299 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s scoring:
- First Bancshares (FBMS) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Zacks: First Bancshares Inc (FBMS) Given $35.75 Consensus Price Target by Analysts (americanbankingnews.com)
- First Bancshares (FBMS) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Zacks: First Bancshares Inc (FBMS) Given $35.75 Consensus Target Price by Analysts (americanbankingnews.com)
First Bancshares (NASDAQ FBMS) opened at $33.80 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. First Bancshares has a 12-month low of $26.05 and a 12-month high of $35.10. The firm has a market capitalization of $376.85, a P/E ratio of 29.39 and a beta of -0.29.
In related news, Director J Douglas Seidenburg purchased 3,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was acquired at an average cost of $29.00 per share, with a total value of $87,000.00. Following the transaction, the director now owns 100,740 shares of the company’s stock, valued at approximately $2,921,460. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased a total of 4,250 shares of company stock valued at $123,250 over the last three months. 11.76% of the stock is currently owned by insiders.
First Bancshares Company Profile
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.
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