Press coverage about Mid Penn Bancorp (NASDAQ:MPB) has trended positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mid Penn Bancorp earned a news impact score of 0.32 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.4312665137733 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, ValuEngine raised shares of Mid Penn Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
Shares of Mid Penn Bancorp (NASDAQ MPB) remained flat at $27.00 during mid-day trading on Friday. The company’s stock had a trading volume of 2,235 shares. The company has a market cap of $114.35 million, a P/E ratio of 13.81 and a beta of 0.47. Mid Penn Bancorp has a 12 month low of $17.90 and a 12 month high of $28.95. The stock has a 50-day moving average price of $26.66 and a 200-day moving average price of $26.91.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Wednesday, August 9th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.93%. The ex-dividend date is Monday, August 7th. Mid Penn Bancorp’s payout ratio is 26.53%.
About Mid Penn Bancorp
Mid Penn Bancorp, Inc (Mid Penn) is the bank holding company for Mid Penn Bank (the Bank). The Bank engages in a full-service commercial banking and trust business, providing a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit and individual retirement accounts (IRAs).
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