Headlines about New Century Bancorp, Inc. (NC) (NASDAQ:SLCT) have trended somewhat negative this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. New Century Bancorp, Inc. (NC) earned a news sentiment score of -0.01 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 42.7222964086609 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
SLCT has been the subject of a number of recent research reports. Zacks Investment Research cut New Century Bancorp, Inc. (NC) from a “hold” rating to a “sell” rating in a report on Tuesday, February 20th. ValuEngine upgraded New Century Bancorp, Inc. (NC) from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.
Shares of New Century Bancorp, Inc. (NC) stock traded down $0.14 on Friday, reaching $13.24. The company had a trading volume of 20,870 shares, compared to its average volume of 21,717. The stock has a market cap of $185.55, a price-to-earnings ratio of 21.70 and a beta of 0.21. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.00 and a current ratio of 1.00. New Century Bancorp, Inc. has a 1 year low of $10.58 and a 1 year high of $14.06.
New Century Bancorp, Inc. (NC) (NASDAQ:SLCT) last announced its earnings results on Friday, March 2nd. The bank reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.05). New Century Bancorp, Inc. (NC) had a return on equity of 6.07% and a net margin of 7.46%. The company had revenue of $10.26 million during the quarter. sell-side analysts predict that New Century Bancorp, Inc. will post 0.86 earnings per share for the current fiscal year.
In related news, Director James H. Jr. Glen sold 7,500 shares of the business’s stock in a transaction on Monday, March 26th. The stock was sold at an average price of $13.11, for a total transaction of $98,325.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 14.21% of the stock is owned by insiders.
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About New Century Bancorp, Inc. (NC)
Select Bancorp, Inc operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses primarily in central and eastern North Carolina. Its deposit products include non-interest-bearing demand deposits, money market and NOW accounts, savings accounts, and time deposits.
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