Somewhat Positive News Coverage Somewhat Unlikely to Impact ACNB Corporation (ACNB) Stock Price
Media coverage about ACNB Corporation (NASDAQ:ACNB) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ACNB Corporation earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 45.0132105892291 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of ACNB Corporation (ACNB) traded up 0.35% on Friday, reaching $28.45. 141 shares of the company’s stock traded hands. The company has a 50 day moving average price of $27.40 and a 200 day moving average price of $28.76. The firm has a market capitalization of $199.58 million, a price-to-earnings ratio of 16.12 and a beta of 0.23. ACNB Corporation has a 52 week low of $24.45 and a 52 week high of $32.85.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend was Wednesday, August 30th. ACNB Corporation’s payout ratio is 45.20%.
In other news, Director James J. Lott bought 1,000 shares of the firm’s stock in a transaction on Friday, August 11th. The stock was bought at an average cost of $27.25 per share, for a total transaction of $27,250.00. Following the completion of the acquisition, the director now directly owns 8,718 shares in the company, valued at approximately $237,565.50. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Vice Chairman Alan J. Stock bought 2,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was purchased at an average price of $26.36 per share, with a total value of $52,720.00. Following the completion of the acquisition, the insider now owns 25,640 shares of the company’s stock, valued at $675,870.40. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 7,597 shares of company stock valued at $202,632. Corporate insiders own 2.75% of the company’s stock.
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ACNB Corporation Company Profile
ACNB Corporation is a financial holding company. The Company’s banking operations are conducted through its operating subsidiary, ACNB Bank (the Bank), and offers a range of property and casualty, life and health insurance to both commercial and individual clients through its subsidiary, Russell Insurance Group, Inc (RIG).
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