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Mackinac Financial Corporation (NASDAQ:MFNC) has been downgraded to Hold in a statement by ValuEngine earlier today.

Having a price of $14.00, Mackinac Financial Corporation (NASDAQ:MFNC) traded 0.00% even on the day. With the last stock price up 1.81% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. MFNC has recorded a 50-day average of $14.01 and a two hundred day average of $13.75. Trade Volume was down over the average, with 806 shares of MFNC changing hands under the typical 4,203

ValuEngine has downgraded Mackinac Financial Corporation (NASDAQ:MFNC) to Hold in a statement released on 07/07/2017.

Recent Performance Chart

Mackinac Financial Corporation (NASDAQ:MFNC)

Mackinac Financial Corporation has PE ratio of 12.75 with a one year low of $11.00 and a one year high of $14.98 and has a market capitalization of $0.

General Company Details For Mackinac Financial Corporation (NASDAQ:MFNC)

Mackinac Financial Corporation is a bank holding Company of mBank (the Bank). The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing. The funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.

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