Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Citizens & Northern Corp (CZNC) Stock Price
Media headlines about Citizens & Northern Corp (NASDAQ:CZNC) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Citizens & Northern Corp earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.6473534960568 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several research firms have recently commented on CZNC. TheStreet raised Citizens & Northern Corp from a “c+” rating to a “b+” rating in a report on Monday, July 10th. BidaskClub downgraded Citizens & Northern Corp from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th.
Citizens & Northern Corp (NASDAQ:CZNC) traded up 1.24% during midday trading on Tuesday, hitting $22.93. The stock had a trading volume of 11,661 shares. Citizens & Northern Corp has a 1-year low of $20.54 and a 1-year high of $26.57. The stock has a market capitalization of $279.20 million, a PE ratio of 17.52 and a beta of 0.46. The stock’s 50-day moving average is $22.61 and its 200-day moving average is $23.08.
In related news, Director Edward H. Owlett III sold 11,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $22.95, for a total transaction of $252,450.00. Following the completion of the sale, the director now owns 35,289 shares in the company, valued at $809,882.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Aaron K. Singer purchased 3,800 shares of the firm’s stock in a transaction that occurred on Friday, August 18th. The shares were bought at an average price of $22.81 per share, with a total value of $86,678.00. Following the acquisition, the director now directly owns 100 shares of the company’s stock, valued at approximately $2,281. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 12,269 shares of company stock valued at $278,471 and have sold 35,519 shares valued at $796,203. Corporate insiders own 4.31% of the company’s stock.
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Citizens & Northern Corp Company Profile
Citizens & Northern Corporation is a holding company. The Company’s principal activity is community banking. The Company, through its subsidiaries, is engaged in providing a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State.
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