Merchants Bancorp (MBIN) Reaches $21.14 After 3.00% Up Move; Sinocoking Coal & Coke Chemical Industries (AAC) Sentiment Is 1.3

January 14, 2018 - By Vivian Currie

AAC Holdings, Inc. provides inpatient substance abuse treatment services for individuals with drug and alcohol addiction in the United States. The company has market cap of $222.47 million. The Company’s therapy services include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, eye movement desensitization and reprocessing, and systematic family intervention services. It currently has negative earnings. As of December 31, 2016, the firm operated 12 residential substance abuse treatment facilities, 18 standalone outpatient centers, and 202 sober living beds.

The stock of Merchants Bancorp (NASDAQ:MBIN) is a huge mover today! The stock increased 5.54% or $1.11 during the last trading session, reaching $21.14. About 230,114 shares traded or 41.58% up from the average. Merchants Bancorp (NASDAQ:MBIN) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 8 months positive chart setup for the $606.41 million company. It was reported on Jan, 14 by We have $21.77 PT which if reached, will make NASDAQ:MBIN worth $18.19 million more.

Among 4 analysts covering Merchants Bancorp (NASDAQ:MBIN), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merchants Bancorp had 5 analyst reports since November 21, 2017 according to SRatingsIntel. The rating was maintained by SunTrust on Monday, January 8 with “Buy”.

Merchants Bancorp operates as a bank holding firm for Merchants Bank of Indiana that provides various banking services and products in the United States. The company has market cap of $606.41 million. It operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking divisions. It has a 11.3 P/E ratio. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities.

Analysts await Merchants Bancorp (NASDAQ:MBIN) to report earnings on March, 1. MBIN’s profit will be $11.76 million for 12.89 P/E if the $0.41 EPS becomes a reality. After $0.45 actual EPS reported by Merchants Bancorp for the previous quarter, Wall Street now forecasts -8.89% negative EPS growth.

Deerfield Management Co holds 0.78% of its portfolio in AAC Holdings, Inc. for 1.73 million shares. Cortina Asset Management Llc owns 1.18 million shares or 0.48% of their US portfolio. Moreover, Altrinsic Global Advisors Llc has 0.31% invested in the company for 814,370 shares. The Maryland-based Df Dent & Co Inc has invested 0.27% in the stock. Eam Investors Llc, a California-based fund reported 199,081 shares.

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