Coastway Bancorp (CWAY) Receives Daily Coverage Optimism Rating of 0.04
News coverage about Coastway Bancorp (NASDAQ:CWAY) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Coastway Bancorp earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.
Coastway Bancorp (NASDAQ:CWAY) remained flat at $20.50 on Monday. 2,137 shares of the company’s stock traded hands. The stock has a market capitalization of $83.07 million, a price-to-earnings ratio of 24.85 and a beta of 0.38. Coastway Bancorp has a 12 month low of $12.35 and a 12 month high of $20.82. The firm’s 50 day moving average price is $20.31 and its 200-day moving average price is $17.71.
CWAY has been the topic of a number of research reports. ValuEngine raised shares of Coastway Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. TheStreet upgraded shares of Coastway Bancorp from a “c” rating to a “b-” rating in a research note on Friday, May 19th.
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About Coastway Bancorp
Coastway Bancorp, Inc is a bank holding company for Coastway Community Bank (the Bank), which is a chartered stock savings bank. The Company’s subsidiary, the Bank, provides a range of financial services to individuals, families and businesses throughout Rhode Island from over nine banking offices. The Bank’s principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential real estate loans, other loans, home equity loans and lines of credit, commercial real estate loans, the United States small business administration (SBA) loans, commercial business loans, commercial construction loans and consumer loans.
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