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.
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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.
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