Somewhat Favorable News Coverage Somewhat Unlikely to Impact Suffolk Bancorp (SUBK) Share Price
Headlines about Suffolk Bancorp (NASDAQ:SUBK) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Suffolk Bancorp earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.549707926757 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Suffolk Bancorp (NASDAQ:SUBK) remained flat at $27.25 during mid-day trading on Friday. The firm’s 50-day moving average price is $29.55 and its 200-day moving average price is $27.75. Suffolk Bancorp has a 12-month low of $20.66 and a 12-month high of $31.37.
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Suffolk Bancorp Company Profile
Suffolk Bancorp is the bank holding company for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank, which offers commercial and retail banking services to its customers. The Bank makes commercial real estate floating and fixed rate loans, multifamily and mixed use commercial loans primarily in the boroughs of New York City, commercial and industrial loans to manufacturers, wholesalers, distributors, developers/contractors and retailers and agricultural loans.
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