Somewhat Critical Media Coverage Somewhat Unlikely to Affect Paragon Commercial Corporation (PBNC) Stock Price
Media stories about Paragon Commercial Corporation (NASDAQ:PBNC) have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Paragon Commercial Corporation earned a coverage optimism score of -0.03 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 45.4894467405175 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine downgraded shares of Paragon Commercial Corporation from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Four investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold”.
Paragon Commercial Corporation (PBNC) opened at $56.93 on Friday. Paragon Commercial Corporation has a 1-year low of $40.30 and a 1-year high of $59.95. The stock has a market cap of $310.86, a price-to-earnings ratio of 22.07 and a beta of 0.64. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.87.
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About Paragon Commercial Corporation
Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes.
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