Is it Time to Dump Metropolitan Bank Holding Corp (MCB) Stock After it Is Higher By 42.76% in a Week?

Metropolitan Bank Holding Corp (MCB) stock has gained 42.76% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Metropolitan Bank Holding Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on MCB!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MCB Stock Today?

Metropolitan Bank Holding Corp (MCB) stock is lower by -0.99% while the S&P 500 has risen 0.65% as of 2:58 PM on Monday, Mar 20. MCB is down -$0.35 from the previous closing price of $35.47 on volume of 168,558 shares. Over the past year the S&P 500 has fallen -11.64% while MCB is down -66.29%. MCB earned $5.29 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.64. To see InvestorsObserver's Sentiment Score for Metropolitan Bank Holding Corp click here.

More About Metropolitan Bank Holding Corp

Metropolitan Bank Holding Corp is a bank holding company. It provides a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and individuals in the New York metropolitan area. The services provided by the company include deposits, trade finance, cash management solutions, savings, electronic banking, cards, and others. The company also provides various lending products such as acquisition loans, construction loans, and lines of credit, retail, office, hospitality, multifamily, mixed-use, warehouse and distribution, and specialty use properties. The bank derives its revenue in the form of interest incomes on loans. Click Here to get the full Stock Report for Metropolitan Bank Holding Corp stock.