First Community Bancshares (NASDAQ:FCBC) Share Price Passes Above 200 Day Moving Average – Time to Sell?

First Community Bancshares, Inc. (NASDAQ:FCBC)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $39.14 and traded as high as $43.31. First Community Bancshares shares last traded at $43.06, with a volume of 90,294 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of First Community Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

First Community Bancshares Price Performance

The firm has a fifty day simple moving average of $42.82 and a two-hundred day simple moving average of $39.21. The firm has a market capitalization of $819.34 million, a P/E ratio of 16.38 and a beta of 0.48.

First Community Bancshares (NASDAQ:FCBC) last issued its earnings results on Tuesday, April 28th. The bank reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. First Community Bancshares had a return on equity of 10.44% and a net margin of 25.89%.The firm had revenue of $78.05 million for the quarter, compared to analyst estimates of $44.20 million.

First Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, May 15th. First Community Bancshares’s dividend payout ratio (DPR) is currently 46.79%.

Institutional Trading of First Community Bancshares

Several hedge funds and other institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC grew its stake in First Community Bancshares by 1.2% in the 4th quarter. Hsbc Holdings PLC now owns 35,959 shares of the bank’s stock valued at $1,205,000 after buying an additional 418 shares in the last quarter. Mariner LLC grew its position in shares of First Community Bancshares by 2.3% in the fourth quarter. Mariner LLC now owns 19,291 shares of the bank’s stock valued at $651,000 after purchasing an additional 437 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of First Community Bancshares by 4.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,124 shares of the bank’s stock valued at $382,000 after purchasing an additional 474 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of First Community Bancshares by 10.5% during the 2nd quarter. Osaic Holdings Inc. now owns 5,265 shares of the bank’s stock valued at $206,000 after purchasing an additional 499 shares during the period. Finally, Aquatic Capital Management LLC raised its stake in shares of First Community Bancshares by 78.0% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,143 shares of the bank’s stock valued at $40,000 after purchasing an additional 501 shares during the period. Institutional investors own 34.95% of the company’s stock.

About First Community Bancshares

First Community Bancshares, Inc (NASDAQ: FCBC) is a bank holding company headquartered in Mebane, North Carolina, that delivers banking and financial services through its wholly owned subsidiary, First Community Bank. The company’s core focus is on relationship-driven community banking, offering clients a blend of personalized service and competitive digital banking capabilities. It serves a diverse clientele that includes individuals, families, small and mid-sized businesses, nonprofit organizations and professional practices.

The bank provides a broad spectrum of deposit products, such as checking, savings, money market and certificate of deposit accounts, alongside treasury management and payment processing solutions.