Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Select Bancorp (SLCT) Stock Price
News stories about Select Bancorp (NASDAQ:SLCT) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Select Bancorp earned a news impact score of 0.22 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 44.8376899742031 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine upgraded Select Bancorp from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.
Select Bancorp (NASDAQ:SLCT) traded down $0.06 during mid-day trading on Friday, reaching $13.51. The company’s stock had a trading volume of 4,350 shares, compared to its average volume of 12,020. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.11. Select Bancorp has a 52 week low of $9.80 and a 52 week high of $14.06. The stock has a market cap of $158.32, a P/E ratio of 23.29 and a beta of 0.27.
In other Select Bancorp news, Director Anthony Rand acquired 3,221 shares of the company’s stock in a transaction on Monday, November 27th. The shares were bought at an average cost of $12.08 per share, for a total transaction of $38,909.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 14.21% of the stock is owned by insiders.
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About Select Bancorp
Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.
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