Parke Bancorp (PKBK) Receives Media Sentiment Score of 0.14
News coverage about Parke Bancorp (NASDAQ:PKBK) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Parke Bancorp earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.6892865494747 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, ValuEngine downgraded shares of Parke Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, May 11th.
Shares of Parke Bancorp (NASDAQ PKBK) opened at 19.45 on Friday. Parke Bancorp has a 1-year low of $13.11 and a 1-year high of $22.95. The company has a market capitalization of $149.22 million, a P/E ratio of 13.40 and a beta of 0.63. The firm has a 50-day moving average of $20.00 and a 200 day moving average of $20.42.
Parke Bancorp (NASDAQ:PKBK) last issued its quarterly earnings data on Thursday, July 20th. The bank reported $0.37 EPS for the quarter. Parke Bancorp had a net margin of 31.41% and a return on equity of 13.27%. The business had revenue of $10.39 million during the quarter. On average, analysts anticipate that Parke Bancorp will post $1.31 EPS for the current year.
In other Parke Bancorp news, Director Jack C. Sheppard, Jr. sold 3,132 shares of Parke Bancorp stock in a transaction on Monday, August 28th. The shares were sold at an average price of $19.33, for a total value of $60,541.56. Following the completion of the transaction, the director now directly owns 69,680 shares of the company’s stock, valued at approximately $1,346,914.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward Infantolino sold 4,600 shares of Parke Bancorp stock in a transaction on Monday, June 12th. The stock was sold at an average price of $21.05, for a total transaction of $96,830.00. Following the completion of the transaction, the director now directly owns 33,865 shares of the company’s stock, valued at $712,858.25. The disclosure for this sale can be found here. Insiders sold a total of 27,225 shares of company stock valued at $564,701 over the last three months. Corporate insiders own 26.05% of the company’s stock.
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Parke Bancorp Company Profile
Parke Bancorp, Inc is a bank holding company of Parke Bank (the Bank). The Bank is a full commercial service bank, with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Pennsylvania.
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