Somewhat Positive News Coverage Somewhat Unlikely to Affect Severn Bancorp (SVBI) Stock Price
Media coverage about Severn Bancorp (NASDAQ:SVBI) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Severn Bancorp earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.5939690471885 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Severn Bancorp (NASDAQ SVBI) traded down 0.71% on Tuesday, hitting $6.95. The stock had a trading volume of 20,952 shares. Severn Bancorp has a 1-year low of $6.25 and a 1-year high of $8.07. The firm has a market capitalization of $84.35 million, a price-to-earnings ratio of 27.91 and a beta of 0.81. The stock’s 50-day moving average is $6.97 and its 200 day moving average is $7.12.
Severn Bancorp (NASDAQ:SVBI) last announced its quarterly earnings data on Friday, October 27th. The bank reported $0.09 earnings per share (EPS) for the quarter. Severn Bancorp had a return on equity of 4.34% and a net margin of 10.48%. The company had revenue of $7.73 million for the quarter. On average, equities research analysts predict that Severn Bancorp will post ($0.05) earnings per share for the current fiscal year.
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Severn Bancorp Company Profile
Severn Bancorp, Inc is a savings and loan holding company. The Company conducts business through its subsidiaries, Severn Savings Bank, FSB (the Bank) and SBI Mortgage Company (SBI). The Bank offers a range of deposit products and originates mortgages in its market of Anne Arundel County, Maryland and in other parts of Maryland, Delaware and Virginia.
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