Somewhat Critical News Coverage Somewhat Unlikely to Impact Coastway Bancorp (CWAY) Share Price

News headlines about Coastway Bancorp (NASDAQ:CWAY) have been trending somewhat negative on Sunday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coastway Bancorp earned a daily sentiment score of -0.09 on Accern’s scale. Accern also gave headlines about the bank an impact score of 42.8812439864176 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Separately, ValuEngine cut shares of Coastway Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 5th.

Shares of Coastway Bancorp remained flat at $$27.75 during midday trading on Friday, according to MarketBeat.com. 2,819 shares of the stock traded hands, compared to its average volume of 6,157. Coastway Bancorp has a one year low of $19.55 and a one year high of $27.95. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.49 and a current ratio of 1.52.

About Coastway Bancorp

Coastway Bancorp, Inc operates as the bank holding company for Coastway Community Bank that provides various financial services to individuals, families, and businesses in Rhode Island. The company's deposit products include certificate of deposit, savings, non-interest-bearing demand deposit, money market, and club accounts.

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