News coverage about Middlefield Banc Corp. (NASDAQ:MBCN) has trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Middlefield Banc Corp. earned a daily sentiment score of -0.22 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.
Middlefield Banc Corp. (NASDAQ MBCN) traded up 0.20% on Thursday, reaching $50.20. 4,050 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $50.84 and its 200-day moving average is $43.71. The firm has a market cap of $160.84 million, a PE ratio of 16.57 and a beta of 0.19. Middlefield Banc Corp. has a 12 month low of $31.66 and a 12 month high of $54.60.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Friday, June 2nd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Wednesday, May 31st. Middlefield Banc Corp.’s dividend payout ratio (DPR) is 35.41%.
Separately, Keefe, Bruyette & Woods reissued a “hold” rating and set a $44.00 target price on shares of Middlefield Banc Corp. in a research report on Wednesday, April 5th.
In other news, CFO Donald L. Stacy sold 750 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $54.00, for a total value of $40,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Darryl E. Mast bought 1,000 shares of the company’s stock in a transaction dated Wednesday, June 14th. The stock was purchased at an average price of $52.42 per share, with a total value of $52,420.00. The disclosure for this purchase can be found here. 8.41% of the stock is owned by insiders.
About Middlefield Banc Corp.
Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.
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