First Bancorp (NYSE:FBP) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $4.77 and last traded at $4.72, with a volume of 243,056 shares traded. The stock had previously closed at $4.71.

A number of research analysts have issued reports on FBP shares. Zacks Investment Research lowered shares of First Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 28th. TheStreet upgraded shares of First Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.

The stock has a 50 day moving average of $4.49 and a 200-day moving average of $3.67. The stock has a market cap of $998.23 million and a price-to-earnings ratio of 13.48.

First Bancorp (NYSE:FBP) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. During the same quarter in the prior year, the business posted ($0.16) earnings per share. Equities research analysts forecast that First Bancorp will post $0.41 earnings per share for the current fiscal year.

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