Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bank of Commerce (BOCH) Share Price
Press coverage about Bank of Commerce (NASDAQ:BOCH) has trended somewhat positive on Thursday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bank of Commerce earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.905299220955 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Wilbur Ross Accused Of Insider Trading In Commerce Secretary’s ‘Deal of the Century’ (newsweek.com)
- ETFs with exposure to Bank of Commerce Holdings : December 12, 2017 (finance.yahoo.com)
- An Official European Parliament Report Accuses Trump Commerce Secretary Wilbur Ross Of Insider Trading (uproxx.com)
- Should Value Investors Pick Bank of Commerce (BOCH) Stock? (finance.yahoo.com)
Shares of Bank of Commerce (NASDAQ:BOCH) remained flat at $$11.65 during trading on Thursday. The stock had a trading volume of 32,800 shares, compared to its average volume of 50,010. The firm has a market cap of $189.56, a price-to-earnings ratio of 17.39, a P/E/G ratio of 2.43 and a beta of 0.42. Bank of Commerce has a 52-week low of $8.55 and a 52-week high of $12.40. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.22.
A number of research analysts have weighed in on BOCH shares. ValuEngine downgraded shares of Bank of Commerce from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Bank of Commerce from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Friday, September 15th.
About Bank of Commerce
Bank of Commerce Holdings (Holding Company) is a bank holding company. The Company’s principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce). The Bank operates over four full service facilities in two diverse markets in Northern California.
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