Somewhat Positive News Coverage Somewhat Unlikely to Impact Middlefield Banc Corp. (MBCN) Share Price

Media coverage about Middlefield Banc Corp. (NASDAQ:MBCN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Middlefield Banc Corp. earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.5266226683343 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Middlefield Banc Corp. (NASDAQ:MBCN) opened at $44.40 on Tuesday. The stock has a market capitalization of $142.25, a price-to-earnings ratio of 14.27 and a beta of 0.16. Middlefield Banc Corp. has a fifty-two week low of $35.05 and a fifty-two week high of $54.60. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.34.

A number of research analysts recently issued reports on the company. Boenning Scattergood assumed coverage on Middlefield Banc Corp. in a report on Tuesday, August 15th. They issued an “outperform” rating for the company. Zacks Investment Research lowered Middlefield Banc Corp. from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $47.00 target price on shares of Middlefield Banc Corp. in a report on Thursday, July 27th.

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About Middlefield Banc Corp.

Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.

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