Somewhat Favorable News Coverage Somewhat Unlikely to Impact MFC Bancorp (MFCB) Stock Price
Media headlines about MFC Bancorp (NYSE:MFCB) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MFC Bancorp earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.0660039849798 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine upgraded shares of MFC Bancorp from a “hold” rating to a “buy” rating in a report on Friday, July 14th.
Shares of MFC Bancorp (MFCB) traded down 0.82% during midday trading on Tuesday, reaching $8.47. 16,030 shares of the company were exchanged. The firm’s market capitalization is $106.20 million. The firm has a 50-day moving average of $8.59 and a 200 day moving average of $8.96. MFC Bancorp has a 52 week low of $7.15 and a 52 week high of $12.00.
MFC Bancorp Company Profile
MFC Bancorp Ltd., formerly FC Industrial Ltd., is a finance and supply chain company. The Company facilitates the working capital and other requirements of its customers. Its business activities involve customized structured financial solutions and are supported by captive sources and products secured from third parties.
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