Somewhat Positive Press Coverage Somewhat Unlikely to Impact FBR & Co (FBRC) Stock Price
News stories about FBR & Co (NASDAQ:FBRC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FBR & Co earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.2937512353409 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
FBR & Co (FBRC) traded down 0.85% during trading on Wednesday, reaching $17.55. FBR & Co has a 12 month low of $10.57 and a 12 month high of $19.54. The firm’s 50-day moving average price is $17.34 and its 200-day moving average price is $15.64.
Separately, Barrington Research lowered FBR & Co from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 3rd.
In other news, Director Thomas J. Hynes, Jr. acquired 6,817 shares of the business’s stock in a transaction dated Wednesday, May 31st. The stock was purchased at an average price of $10.09 per share, for a total transaction of $68,783.53. Following the completion of the transaction, the director now directly owns 33,283 shares in the company, valued at approximately $335,825.47. The acquisition was disclosed in a filing with the SEC, which is available through this link. Company insiders own 13.90% of the company’s stock.
About FBR & Co
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