Somewhat Positive News Coverage Likely to Affect Bar Harbor Bankshares (NYSE:BHB) Share Price

Media stories about Bar Harbor Bankshares (NYSE:BHB) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bar Harbor Bankshares earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 75 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern’s analysis:

Shares of Bar Harbor Bankshares (NYSE BHB) traded down 0.34% during trading on Monday, hitting $29.00. The company had a trading volume of 14,075 shares. The company’s 50 day moving average is $30.21 and its 200 day moving average is $35.45. Bar Harbor Bankshares has a 1-year low of $23.00 and a 1-year high of $33.41. The firm has a market capitalization of $446.31 million and a P/E ratio of 20.61.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 15th will be issued a $0.1867 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.75 annualized dividend and a dividend yield of 2.57%.

In other Bar Harbor Bankshares news, Director Stephen R. Theroux sold 1,088 shares of the firm’s stock in a transaction on Monday, June 19th. The stock was sold at an average price of $30.89, for a total transaction of $33,608.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Gregory W. Dalton sold 1,000 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the transaction, the insider now owns 13,332 shares in the company, valued at $399,960. The disclosure for this sale can be found here. Over the last quarter, insiders bought 130 shares of company stock worth $3,890 and sold 6,247 shares worth $185,550.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at https://sportsperspectives.com/2017/07/24/somewhat-favorable-news-coverage-likely-to-impact-bar-harbor-bankshares-nysebhb-share-price-updated.html.

About Bar Harbor Bankshares

Bar Harbor Bankshares is a bank holding company. The Company’s operating subsidiary, Bar Harbor Bank & Trust (the Bank), is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services through its second tier subsidiary, Bar Harbor Trust Services, a Maine chartered non-depository trust company.

Insider Buying and Selling by Quarter for Bar Harbor Bankshares (NYSE:BHB)

Receive News & Ratings for Bar Harbor Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bar Harbor Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply