Cascade Bancorp (NASDAQ:CACB) Earning Somewhat Positive Press Coverage, Study Shows
Media headlines about Cascade Bancorp (NASDAQ:CACB) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cascade Bancorp earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.0790041415693 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Cascade Bancorp (NASDAQ CACB) traded down 3.19% during trading on Thursday, hitting $6.99. The company’s 50-day moving average is $7.50 and its 200-day moving average is $7.74. Cascade Bancorp has a 52-week low of $5.27 and a 52-week high of $8.52.
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Cascade Bancorp Company Profile
Cascade Bancorp is a United States-based bank holding company. The Company operates through its subsidiary, Bank of the Cascades (the Bank). The Bank is an Oregon state chartered bank. The Bank offers a range of commercial and retail banking services to its customers. It provides commercial real estate loans, real estate construction and development loans, and commercial and industrial loans, as well as consumer installment, line-of-credit, credit card and home equity loans.
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