First Bancorp (FBP) Hits New 12-Month High at $4.77
First Bancorp (NYSE:FBP) reached a new 52-week high on Tuesday . The company traded as high as $4.77 and last traded at $4.72, with a volume of 243,056 shares. The stock had previously closed at $4.71.
A number of research firms recently weighed in on FBP. Zacks Investment Research downgraded First Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. TheStreet raised 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 $4.46 and its 200-day moving average price is $3.65. The stock has a market capitalization of $1.00 billion and a P/E ratio of 13.53.
First Bancorp (NYSE:FBP) last issued 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 quarter in the prior year, the firm earned ($0.16) earnings per share. On average, equities analysts forecast that First Bancorp will post $0.41 EPS for the current fiscal year.
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