First Bank (NASDAQ:FRBA)’s share price hit a new 52-week high on Tuesday . The company traded as high as $8.37 and last traded at $8.37, with a volume of 17,333 shares traded. The stock had previously closed at $7.21.

Separately, Zacks Investment Research cut shares of First Bank from a “buy” rating to a “hold” rating in a research report on Thursday, July 14th.

The firm has a 50-day moving average price of $7.02 and a 200 day moving average price of $6.84. The stock has a market cap of $90.57 million and a P/E ratio of 18.03.

First Bank (the Bank) is a commercial bank. The Bank provides a range of lending, deposit and other financial products and services. The Bank operates through Community Banking segment, which encompasses its primary business, which includes providing a range of commercial and retail and related banking services.

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