Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Plumas Bancorp (PLBC) Share Price

Headlines about Plumas Bancorp (NASDAQ:PLBC) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty 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. Plumas Bancorp earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 48.2896586364575 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Plumas Bancorp traded down $0.18, hitting $27.68, during trading hours on Friday, MarketBeat reports. 251 shares of the company were exchanged, compared to its average volume of 3,775. The firm has a market cap of $142.65 million, a P/E ratio of 12.39 and a beta of 0.31. Plumas Bancorp has a 1 year low of $19.10 and a 1 year high of $29.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.83 and a quick ratio of 0.83.

Plumas Bancorp (NASDAQ:PLBC) last announced its quarterly earnings data on Tuesday, July 17th. The financial services provider reported $0.66 earnings per share for the quarter. The business had revenue of $10.24 million for the quarter. Plumas Bancorp had a net margin of 25.91% and a return on equity of 20.54%.

Separately, ValuEngine upgraded shares of Plumas Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd.

Plumas Bancorp Company Profile

Plumas Bancorp operates as the holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company offers various deposit products, such as checking, interest-bearing checking, public funds and business sweep, savings, and retirement accounts, as well as time and remote deposits.

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