First United (FUNC) Receiving Somewhat Positive News Coverage, Report Shows
News coverage about First United (NASDAQ:FUNC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First United earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the bank an impact score of 43.2173032075173 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research analysts recently commented on FUNC shares. ValuEngine lowered shares of First United from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. TheStreet lowered shares of First United from a “b-” rating to a “c+” rating in a research note on Tuesday, December 5th.
First United (NASDAQ FUNC) opened at $17.95 on Tuesday. First United has a 52-week low of $13.00 and a 52-week high of $18.30. The stock has a market cap of $123.68, a P/E ratio of 19.30 and a beta of 0.45. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.09.
In other First United news, Director Irvin Robert Rudy sold 3,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $17.25, for a total transaction of $51,750.00. Following the transaction, the director now owns 35,124 shares in the company, valued at approximately $605,889. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 6,705 shares of company stock worth $116,194. Company insiders own 4.00% of the company’s stock.
First United Company Profile
First United Corporation is a bank holding company. The Company’s primary business is serving as the parent company of First United Bank & Trust (the Bank), First United Statutory Trust I, First United Statutory Trust II and First United Statutory Trust III. It operates through community banking segment.
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