MFC Bancorp (MFCB) Given Daily News Impact Rating of 0.18
Media stories about MFC Bancorp (NYSE:MFCB) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MFC Bancorp earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.3274453601116 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine upgraded MFC Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, July 14th.
Shares of MFC Bancorp (NYSE:MFCB) traded down 0.20% during midday trading on Friday, hitting $9.20. The company had a trading volume of 33,968 shares. MFC Bancorp has a 12 month low of $7.15 and a 12 month high of $11.35. The firm’s market capitalization is $115.22 million. The company has a 50-day moving average of $9.07 and a 200 day moving average of $8.55.
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About MFC Bancorp
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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