Somewhat Positive Media Coverage Somewhat Unlikely to Impact Paragon Commercial Corporation (PBNC) Share Price

Headlines about Paragon Commercial Corporation (NASDAQ:PBNC) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Paragon Commercial Corporation earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.5942248867045 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

PBNC has been the subject of a number of analyst reports. ValuEngine upgraded Paragon Commercial Corporation from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. TheStreet lowered Paragon Commercial Corporation from a “c” rating to a “d” rating in a report on Thursday, July 20th. Finally, Zacks Investment Research upgraded Paragon Commercial Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $43.00.

Paragon Commercial Corporation (NASDAQ PBNC) traded down 0.02% during mid-day trading on Tuesday, reaching $53.10. The company’s stock had a trading volume of 20,613 shares. Paragon Commercial Corporation has a 52 week low of $35.99 and a 52 week high of $53.60. The company’s 50-day moving average price is $53.11 and its 200 day moving average price is $50.72. The firm has a market capitalization of $289.87 million, a price-to-earnings ratio of 20.87 and a beta of 0.59.

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About Paragon Commercial Corporation

Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes.

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