Markets

First Bancorp (FBP) Jumps: Stock Rises 5.9% - Tale of the Tape

First Bancorp ( FBP ) was a big mover last session, as its shares rose almost 6% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company since May 15, as the stock is now trading above the volatile price range of $4.89 to $5.20.

In the last 30-day frame, the company did not witness any estimate revision while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.

First Bancorp currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked regional banks include Capital City Bank Group Inc. ( CCBG ), Customers Bancorp, Inc. ( CUBI ) and Middleburg Financial Corporation ( MBRG ). All three sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

FIRST BNCRP P R (FBP): Free Stock Analysis Report

CAPITAL CITY BK (CCBG): Free Stock Analysis Report

CUSTOMERS BANCP (CUBI): Free Stock Analysis Report

MIDDLEBURG FINL (MBRG): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CCBG FBP CUBI

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More