News coverage about Paragon Commercial (NASDAQ:PBNC) has trended extremely positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive 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 -1 to 1, with scores closest to one being the most favorable. Paragon Commercial earned a coverage optimism score of 0.77 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 47.6399834357429 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, BidaskClub lowered Paragon Commercial from a “sell” rating to a “strong sell” rating in a research note on Friday, January 26th.
Paragon Commercial traded down $0.49, hitting $53.83, during mid-day trading on Friday, according to Marketbeat.com. 63,800 shares of the stock were exchanged, compared to its average volume of 12,528. Paragon Commercial has a 1-year low of $44.99 and a 1-year high of $59.95. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.12 and a quick ratio of 1.12.
About Paragon Commercial
Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes.
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