News headlines about First United (NASDAQ:FUNC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First United earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the bank an impact score of 43.6350902473807 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.
Several research analysts have recently weighed in on the stock. TheStreet downgraded shares of First United from a “b-” rating to a “c+” rating in a research note on Tuesday, December 5th. ValuEngine downgraded shares of First United from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
First United (NASDAQ FUNC) traded down $0.65 during trading on Monday, hitting $16.80. 5,203 shares of the stock were exchanged, compared to its average volume of 4,758. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.89 and a current ratio of 0.89. First United has a one year low of $13.00 and a one year high of $18.30. The company has a market cap of $123.33, a P/E ratio of 18.76 and a beta of 0.33.
First United (NASDAQ:FUNC) last posted its quarterly earnings results on Monday, November 13th. The bank reported $0.25 earnings per share (EPS) for the quarter. First United had a net margin of 12.80% and a return on equity of 7.39%. The company had revenue of $13.76 million for the quarter.
In related news, Director Irvin Robert Rudy sold 3,500 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $17.42, for a total value of $60,970.00. Following the sale, the director now owns 31,123 shares of the company’s stock, valued at approximately $542,162.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 6,705 shares of company stock worth $116,194. Corporate insiders own 4.00% of the company’s stock.
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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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