Headlines about American River Bankshares (NASDAQ:AMRB) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. American River Bankshares earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 44.8049011201002 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
AMRB traded up $0.06 during trading on Friday, hitting $15.77. The stock had a trading volume of 31,501 shares, compared to its average volume of 8,533. The company has a market capitalization of $92.45 million, a PE ratio of 21.03 and a beta of 0.28. American River Bankshares has a one year low of $12.21 and a one year high of $17.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.59 and a quick ratio of 0.59.
American River Bankshares (NASDAQ:AMRB) last released its quarterly earnings results on Thursday, April 19th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The firm had revenue of $5.11 million during the quarter, compared to the consensus estimate of $5.30 million. American River Bankshares had a net margin of 15.32% and a return on equity of 6.34%. equities analysts anticipate that American River Bankshares will post 0.91 earnings per share for the current fiscal year.
Several analysts recently issued reports on the company. ValuEngine downgraded American River Bankshares from a “buy” rating to a “hold” rating in a research note on Monday, June 18th. Zacks Investment Research upgraded American River Bankshares from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Finally, FIG Partners upgraded American River Bankshares from a “market perform” rating to an “outperform” rating in a research note on Thursday, March 29th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $16.50.
In related news, CEO David E. Ritchie, Jr. acquired 4,500 shares of the company’s stock in a transaction on Friday, May 4th. The stock was purchased at an average cost of $15.54 per share, with a total value of $69,930.00. Following the acquisition, the chief executive officer now directly owns 16,387 shares of the company’s stock, valued at $254,653.98. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO David E. Ritchie, Jr. acquired 2,449 shares of the company’s stock in a transaction on Monday, April 30th. The stock was bought at an average cost of $15.57 per share, with a total value of $38,130.93. Following the completion of the acquisition, the chief executive officer now directly owns 14,112 shares in the company, valued at $219,723.84. The disclosure for this purchase can be found here. Insiders acquired a total of 9,203 shares of company stock valued at $143,335 over the last ninety days. Insiders own 10.10% of the company’s stock.
About American River Bankshares
American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.
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