Press coverage about Unity Bancorp (NASDAQ:UNTY) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Unity Bancorp earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.7515627352426 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Unity Bancorp (NASDAQ:UNTY) traded down $0.10 on Monday, reaching $19.55. The company had a trading volume of 8,800 shares, compared to its average volume of 14,908. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.40. Unity Bancorp has a fifty-two week low of $12.72 and a fifty-two week high of $20.40. The company has a market cap of $207.30, a price-to-earnings ratio of 15.15 and a beta of 0.45.
Unity Bancorp (NASDAQ:UNTY) last posted its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter. Unity Bancorp had a return on equity of 12.21% and a net margin of 22.16%. The business had revenue of $13.83 million for the quarter.
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Unity Bancorp Company Profile
Unity Bancorp, Inc is a bank holding company that serves as a holding company for Unity Bank (the Bank). The Company’s primary business is ownership and supervision of the Bank. The Company, through the Bank, conducts a traditional and community-oriented commercial banking business and offers services, such as personal and business checking accounts, time deposits, money market accounts and regular savings accounts.
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