Somewhat Positive Press Coverage Somewhat Unlikely to Affect Glen Burnie Bancorp (GLBZ) Stock Price

Headlines about Glen Burnie Bancorp (NASDAQ:GLBZ) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring 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. Glen Burnie Bancorp earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.7394563427198 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Glen Burnie Bancorp (GLBZ) traded down $0.10 during midday trading on Monday, hitting $11.30. The stock had a trading volume of 2,400 shares, compared to its average volume of 3,488. The stock has a market capitalization of $31.52, a PE ratio of 21.73 and a beta of -0.09. Glen Burnie Bancorp has a one year low of $10.34 and a one year high of $12.55.

Glen Burnie Bancorp (NASDAQ:GLBZ) last announced its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $0.15 earnings per share for the quarter. The company had revenue of $3.30 million during the quarter. Glen Burnie Bancorp had a return on equity of 4.26% and a net margin of 9.66%.

Separately, TheStreet upgraded Glen Burnie Bancorp from a “c+” rating to a “b-” rating in a research note on Tuesday, December 19th.

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About Glen Burnie Bancorp

Glen Burnie Bancorp is the bank holding company for The Bank of Glen Burnie (the Bank), a commercial bank. The Bank is engaged in the commercial and retail banking business, including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships and corporations.

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