First Bancorp (NYSE:FBP) rose 3.5% during trading on Friday . The company traded as high as $5.00 and last traded at $5.00, with a volume of 376,958 shares. The stock had previously closed at $4.83.

FBP has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of First Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th. TheStreet upgraded shares of First Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, August 17th.

The company has a 50 day moving average price of $4.62 and a 200-day moving average price of $3.78. The stock has a market cap of $1.06 billion and a P/E ratio of 14.37.

First Bancorp (NYSE:FBP) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.10. During the same period in the previous year, the business posted ($0.16) EPS. On average, equities analysts forecast that First Bancorp will post $0.41 earnings per share for the current year.

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