First Bancorp (FBP) Trading 2.8% Higher
First Bancorp (NYSE:FBP) shares 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 traded. The stock had previously closed at $4.69.
A number of research analysts recently commented on the company. Zacks Investment Research downgraded First Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th. TheStreet raised First Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, August 17th.
The stock has a 50-day moving average of $4.54 and a 200-day moving average of $3.70. The firm has a market capitalization of $1.04 billion and a P/E ratio of 13.99.
First Bancorp (NYSE:FBP) last released its earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.10. During the same period last year, the business posted ($0.16) earnings per share. Equities analysts expect that First Bancorp will post $0.41 EPS for the current year.
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