Somewhat Positive News Coverage Somewhat Unlikely to Affect Provident Bancorp (PVBC) Stock Price

Media headlines about Provident Bancorp (NASDAQ:PVBC) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing 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. Provident Bancorp earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.6447513662156 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several equities analysts have recently issued reports on the company. ValuEngine upgraded Provident Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. TheStreet upgraded Provident Bancorp from a “c” rating to a “b-” rating in a research report on Monday, July 17th.

Provident Bancorp (NASDAQ:PVBC) opened at 23.05 on Friday. The firm has a market capitalization of $211.62 million, a P/E ratio of 30.73 and a beta of 0.30. The stock’s 50 day moving average price is $21.89 and its 200 day moving average price is $21.41. Provident Bancorp has a 12 month low of $15.70 and a 12 month high of $24.65.

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Provident Bancorp Company Profile

Provident Bancorp, Inc is the holding company of The Provident Bank. The Provident Bank is a community bank that serves the banking needs of its customers. The Provident Bank operates from its main office and over two branch offices in the Northeastern Massachusetts area and over four branch offices in Southeastern New Hampshire, and one branch is located in Bedford, New Hampshire.

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