FBR & Co (FBRC) Trading Down 0.7%
FBR & Co (NASDAQ:FBRC) dropped 0.7% during mid-day trading on Friday . The stock traded as low as $14.76 and last traded at $15.27, with a volume of 77,098 shares. The stock had previously closed at $15.37.
Several research analysts have recently weighed in on FBRC shares. TheStreet raised shares of FBR & Co from a “sell” rating to a “hold” rating in a research report on Tuesday, May 24th. Zacks Investment Research raised shares of FBR & Co from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 22nd.
The stock’s market cap is $111.62 million. The firm’s 50-day moving average is $17.18 and its 200 day moving average is $17.96.
FBR & Co (NASDAQ:FBRC) last released its quarterly earnings results on Wednesday, April 27th. The company reported ($0.72) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.98) by $0.26. The company had revenue of $23.90 million for the quarter, compared to analysts’ expectations of $19.87 million. Equities analysts expect that FBR & Co will post ($0.10) earnings per share for the current year.
In other FBR & Co news, Director Mark Robert Patterson acquired 5,000 shares of the business’s stock in a transaction on Thursday, June 16th. The stock was purchased at an average price of $16.00 per share, for a total transaction of $80,000.00. Following the completion of the transaction, the director now owns 225,042 shares of the company’s stock, valued at approximately $3,600,672. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
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