NewMarket (NEU) Forms $430.33 Double Bottom; Midwestone Financial Group (MOFG) Shorts Down By 18.89%

NewMarket Corporation (NEU) formed double bottom with $400.21 target or 7.00% below today’s $430.33 share price. NewMarket Corporation (NEU) has $5.07B valuation. The stock decreased 1.20% or $5.21 during the last trading session, reaching $430.33. About 23,160 shares traded. NewMarket Corporation (NYSE:NEU) has risen 15.93% since March 13, 2017 and is uptrending. It has underperformed by 0.77% the S&P500.

Midwestone Financial Group Inc (NASDAQ:MOFG) had a decrease of 18.89% in short interest. MOFG’s SI was 43,800 shares in March as released by FINRA. Its down 18.89% from 54,000 shares previously. With 22,400 avg volume, 2 days are for Midwestone Financial Group Inc (NASDAQ:MOFG)’s short sellers to cover MOFG’s short positions. The SI to Midwestone Financial Group Inc’s float is 0.41%. The stock increased 0.98% or $0.33 during the last trading session, reaching $34.09. About 29,714 shares traded. MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has risen 22.57% since March 13, 2017 and is uptrending. It has outperformed by 5.87% the S&P500.

Among 4 analysts covering MidWestOne Financial Group (NASDAQ:MOFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. MidWestOne Financial Group had 9 analyst reports since April 6, 2017 according to SRatingsIntel. The stock of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has “Buy” rating given on Thursday, January 18 by Sandler O’Neill. The company was maintained on Tuesday, December 19 by Piper Jaffray. On Thursday, October 26 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Buy” rating given on Friday, December 22 by Keefe Bruyette & Woods. The company was maintained on Thursday, July 27 by Piper Jaffray. Keefe Bruyette & Woods maintained the shares of MOFG in report on Thursday, June 22 with “Buy” rating. The stock has “Hold” rating by Piper Jaffray on Wednesday, February 7. The stock of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) has “Buy” rating given on Tuesday, August 8 by Keefe Bruyette & Woods.

Since October 31, 2017, it had 10 buys, and 2 insider sales for $178,831 activity. $9,750 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) was bought by True Douglas K. Shares for $35,206 were sold by WEISE KURT R. The insider West Stephen L bought $99,055. The insider McCormick Tracy S bought $8,275. Kramer Kevin E bought $33,338 worth of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) on Tuesday, January 30. $13,283 worth of stock was bought by DONOHUE RICHARD R on Tuesday, January 30. The insider Stanoch Ruth E bought $6,624.

MidWestOne Financial Group, Inc. operates as the bank holding firm for MidWestOne Bank that provides commercial and retail banking services and products to individuals, businesses, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, and Florida. The company has market cap of $417.10 million. It offers deposit products, such as checking and other demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and other time deposits. It has a 21.99 P/E ratio. The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans.

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