Somewhat Positive News Coverage Somewhat Unlikely to Impact Republic First Bancorp (FRBK) Stock Price

Press coverage about Republic First Bancorp (NASDAQ:FRBK) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty 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. Republic First Bancorp earned a news impact score of 0.11 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.2541039139453 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.

Republic First Bancorp (NASDAQ FRBK) traded down $0.10 on Friday, hitting $9.40. 59,057 shares of the company were exchanged, compared to its average volume of 183,584. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.63 and a current ratio of 0.65. Republic First Bancorp has a 52 week low of $7.40 and a 52 week high of $9.90. The stock has a market cap of $538.55, a PE ratio of 67.50 and a beta of 1.05.

Republic First Bancorp (NASDAQ:FRBK) last released its earnings results on Monday, October 23rd. The bank reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. The company had revenue of $21.49 million for the quarter. Republic First Bancorp had a net margin of 8.97% and a return on equity of 3.48%.

A number of equities research analysts have recently issued reports on FRBK shares. Keefe, Bruyette & Woods reissued a “hold” rating and set a $9.00 price objective on shares of Republic First Bancorp in a research report on Tuesday, October 3rd. BidaskClub cut shares of Republic First Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd.

TRADEMARK VIOLATION NOTICE: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Republic First Bancorp (FRBK) Stock Price” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://ledgergazette.com/2017/12/09/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-republic-first-bancorp-frbk-stock-price.html.

About Republic First Bancorp

Republic First Bancorp, Inc is a holding company for Republic First Bank (Republic or the Bank), which does business under the name Republic Bank. The Company’s community banking segment encompasses the commercial loan and deposit activities of Republic, as well as consumer loan products in the areas surrounding its store network.

Insider Buying and Selling by Quarter for Republic First Bancorp (NASDAQ:FRBK)

Receive News & Ratings for Republic First Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Republic First Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply