Paragon Commercial (PBNC) Earning Somewhat Favorable Media Coverage, Report Finds
News articles about Paragon Commercial (NASDAQ:PBNC) have trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Paragon Commercial earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.0750441682598 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Paragon Commercial (NASDAQ:PBNC) opened at $57.26 on Monday. The firm has a market cap of $312.67, a P/E ratio of 22.19 and a beta of 0.46. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.87. Paragon Commercial has a 1 year low of $40.42 and a 1 year high of $59.95.
Separately, ValuEngine downgraded shares of Paragon Commercial from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Four research analysts have rated the stock with a hold rating, Paragon Commercial presently has a consensus rating of “Hold”.
Paragon Commercial Company Profile
Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes.
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