First Bancorp (FBP) in Focus: Stock Adds 9.1% in Session

Zacks

First Bancorp FBP was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 22.6% in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

First Bancorp currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Franklin Financial Network, Inc. FSB, which sports a Zacks Rank #1 (Strong Buy).

Is FBP going up? Or down? Predict to see what others think: Up or Down

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