Mackinac Financial (MFNC) Receives News Impact Rating of 0.01

News coverage about Mackinac Financial (NASDAQ:MFNC) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mackinac Financial earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 44.8174279618217 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Separately, ValuEngine raised Mackinac Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th.

Shares of Mackinac Financial (NASDAQ:MFNC) opened at $16.00 on Friday. Mackinac Financial has a 1-year low of $12.78 and a 1-year high of $16.80. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $100.72, a P/E ratio of 13.68 and a beta of 0.60.

Mackinac Financial (NASDAQ:MFNC) last posted its earnings results on Wednesday, November 1st. The financial services provider reported $0.33 earnings per share for the quarter. Mackinac Financial had a return on equity of 9.06% and a net margin of 15.17%. The firm had revenue of $10.94 million during the quarter.

ILLEGAL ACTIVITY WARNING: “Mackinac Financial (MFNC) Receives News Impact Rating of 0.01” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://sportsperspectives.com/2017/12/10/mackinac-financial-mfnc-receives-news-impact-rating-of-0-01.html.

About Mackinac Financial

Mackinac Financial Corporation is a bank holding Company of mBank (the Bank). The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing.

Insider Buying and Selling by Quarter for Mackinac Financial (NASDAQ:MFNC)

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

Latest News

Leave a Reply