Select Bancorp (SLCT) Receiving Somewhat Positive Press Coverage, Analysis Shows

Media headlines about Select Bancorp (NASDAQ:SLCT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. 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 -1 to 1, with scores nearest to one being the most favorable. Select Bancorp earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.9321953628685 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

NASDAQ:SLCT traded down $0.49 during trading hours on Monday, reaching $12.58. 29,999 shares of the company traded hands, compared to its average volume of 7,601. The stock has a market capitalization of $183.31 million, a price-to-earnings ratio of 18.15 and a beta of 0.18. Select Bancorp has a 1 year low of $10.90 and a 1 year high of $14.25. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.41.

Select Bancorp (NASDAQ:SLCT) last announced its quarterly earnings data on Wednesday, July 25th. The bank reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $13.16 million during the quarter. Select Bancorp had a return on equity of 7.37% and a net margin of 8.96%.

About Select Bancorp

Select Bancorp, Inc operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, money market and NOW accounts, savings accounts, and time deposits.

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