Old Second Bancorp (OSBC) Earns Daily News Sentiment Score of 0.16
News coverage about Old Second Bancorp (NASDAQ:OSBC) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Old Second Bancorp earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.1318267103317 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Old Second Bancorp, Inc. (OSBC) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Gary S. Collins Purchases 2,000 Shares of Old Second Bancorp, Inc. (OSBC) Stock (americanbankingnews.com)
- $27.35 Million in Sales Expected for Old Second Bancorp, Inc. (OSBC) This Quarter (americanbankingnews.com)
- Old Second Bancorp, Inc. (OSBC) Upgraded at Zacks Investment Research (americanbankingnews.com)
Several analysts have issued reports on OSBC shares. BidaskClub raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. ValuEngine raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research raised Old Second Bancorp from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Tuesday, June 27th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $11.50 price target on shares of Old Second Bancorp in a research note on Thursday, July 27th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $12.17.
Shares of Old Second Bancorp (NASDAQ OSBC) traded up 3.64% during trading on Tuesday, hitting $11.40. The stock had a trading volume of 76,368 shares. Old Second Bancorp has a 1-year low of $7.45 and a 1-year high of $12.75. The company has a market capitalization of $337.75 million, a P/E ratio of 18.39 and a beta of 1.33. The firm has a 50-day moving average of $11.48 and a 200 day moving average of $11.47.
In related news, Director William Kane sold 10,000 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $11.98, for a total value of $119,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Edward Bonifas bought 3,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The stock was acquired at an average price of $11.58 per share, for a total transaction of $34,740.00. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 5,550 shares of company stock worth $62,594 and have sold 12,000 shares worth $143,660. 3.60% of the stock is currently owned by corporate insiders.
ILLEGAL ACTIVITY WARNING: This news story was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/09/12/old-second-bancorp-osbc-earns-daily-news-sentiment-score-of-0-16.html.
Old Second Bancorp Company Profile
Receive News & Stock Ratings for Old Second Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Second Bancorp Inc. and related stocks with our FREE daily email newsletter.