First Guaranty Bancshares (FGBI) Given Daily Coverage Optimism Rating of 0.26

News articles about First Guaranty Bancshares (NASDAQ:FGBI) have been trending positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Guaranty Bancshares earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 44.7331093912779 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

First Guaranty Bancshares (NASDAQ:FGBI) opened at 26.89 on Friday. The firm’s 50-day moving average is $26.98 and its 200-day moving average is $25.47. The company has a market cap of $215.31 million, a PE ratio of 16.11 and a beta of 0.66. First Guaranty Bancshares has a 52 week low of $15.72 and a 52 week high of $28.51.

Separately, ValuEngine upgraded shares of First Guaranty Bancshares from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

TRADEMARK VIOLATION WARNING: “[[title]]” was originally reported by [[site]] and is the property of of [[site]]. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at [[permalink]].

In other news, Chairman Marshall T. Reynolds sold 40,000 shares of the firm’s stock in a transaction on Tuesday, July 11th. The shares were sold at an average price of $27.37, for a total transaction of $1,094,800.00. Following the completion of the transaction, the chairman now owns 1,556,008 shares of the company’s stock, valued at $42,587,938.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 42.70% of the stock is currently owned by company insiders.

First Guaranty Bancshares Company Profile

First Guaranty Bancshares, Inc is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized commercial banking services to Louisiana customers, through approximately 20 banking facilities located in the Market Services Areas (MSAs).