First Bancorp (FBP) Trading 2.8% Higher
First Bancorp (NYSE:FBP) traded up 2.8% during trading on Thursday . The company traded as high as $4.84 and last traded at $4.82, with a volume of 189,333 shares changing hands. The stock had previously closed at $4.69.
A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded First Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. TheStreet upgraded First Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.
The stock’s 50 day moving average price is $4.49 and its 200-day moving average price is $3.67. The firm has a market capitalization of $1.03 billion and a P/E ratio of 13.91.
First Bancorp (NYSE:FBP) last posted its earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. Equities research analysts expect that First Bancorp will post $0.41 EPS for the current fiscal year.
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