First Mid-Illinois Bancshares (FMBH) Receiving Critical Press Coverage, Report Finds
Media headlines about First Mid-Illinois Bancshares (NASDAQ:FMBH) have been trending negative on Friday, AlphaOne Sentiment reports. The research group, a division of Accern, rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Mid-Illinois Bancshares earned a news sentiment score of -0.39 on AlphaOne’s scale. AlphaOne also gave press coverage about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Alpha One Sentiment Analysis’s analysis:
- First Mid-Illinois Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : FMBH-US : April 20, 2017 (finance.yahoo.com)
- Analysts Anticipate First Mid-Illinois Bancshares, Inc. (FMBH) to Post $0.50 Earnings Per Share (americanbankingnews.com)
- First Mid-Illinois Bancshares (FMBH) Earns Media Sentiment Rating of 0.39 (americanbankingnews.com)
- BRIEF-First Mid-Illinois Bancshares says on April 14 entered into first amendment to its fourth amended and restated credit agreement – SEC filing (reuters.com)
- FIRST MID ILLINOIS BANCSHARES INC : Creation of a Direct Financial Obligation .. (4-traders.com)
Separately, Zacks Investment Research cut First Mid-Illinois Bancshares from a “hold” rating to a “sell” rating in a report on Friday, December 23rd.
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First Mid-Illinois Bancshares (NASDAQ:FMBH) opened at 33.01 on Friday. The company’s 50-day moving average price is $32.96 and its 200 day moving average price is $31.37. First Mid-Illinois Bancshares has a one year low of $22.95 and a one year high of $36.80. The firm has a market capitalization of $411.93 million, a PE ratio of 16.12 and a beta of -0.13.
In other news, insider Eric S. Mcrae sold 1,200 shares of First Mid-Illinois Bancshares stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $33.10, for a total value of $39,720.00. Following the completion of the transaction, the insider now owns 10,563 shares in the company, valued at $349,635.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Christopher L. Slabach sold 1,500 shares of First Mid-Illinois Bancshares stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $32.99, for a total transaction of $49,485.00. Following the completion of the transaction, the senior vice president now owns 965 shares of the company’s stock, valued at approximately $31,835.35. The disclosure for this sale can be found here. Insiders sold 2,717 shares of company stock valued at $89,770 in the last quarter. 19.30% of the stock is currently owned by corporate insiders.
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About First Mid-Illinois Bancshares
First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiaries, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank) and First Clover Leaf Bank, N.A. (First Clover Leaf Bank). The Company provides data processing services to affiliates through another subsidiary, Mid-Illinois Data Services, Inc (MIDS).
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