First BanCorp.s in-depth stock price analysis indicates that the stock price has rallied 0.46% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 35.93% . Looking at the past 52 week period, the stock price is up at 172.43% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of First BanCorp. has a positive value of 126.37 compared to overall market. Stocks of First BanCorp. (NYSE:FBP) rallied by 0.46% during the past week but lost 1.78% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.36%. First BanCorp. (NYSE:FBP) has underperformed the index by 3.54% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
First BanCorp. (NYSE:FBP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.03 points or 0.45% at $6.62 with 4,099,927 shares getting traded. Post opening the session at $6.68, the shares hit an intraday low of $6.54 and an intraday high of $6.69 and the price was in this range throughout the day. The company has a market cap of $1,440 million and the number of outstanding shares has been calculated to be 217,469,600 shares. The 52-week high of First BanCorp. (NYSE:FBP) is $7.05 and the 52-week low is $2.09.
First Bancorp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.09.Analysts expectations of $ 139.35.During the same quarter in the previous year, the company posted $0.07 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.First Bancorp was Initiated by Citigroup on Feb 8, 2017 to Neutral, Price Target of the shares are set at $7.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Nayda Rivera (EVP and CRO) sold 8,085 shares at 5.77 per share price.On Aug 9, 2016, Cassan Pancham (EVP) sold 5,000 shares at 4.62 per share price.On Nov 17, 2015, Ginoris Lopez-lay (EVP) sold 10,000 shares at 3.88 per share price.
First Bancorp distinguished itself by providing innovative marketing strategies and novel products to attract clients. Besides the branches and lending offices, the Corporation has offered a telephone information service called Telebanco since 1983. This was the first telebanking service offered in Puerto Rico. The Corporations clients have access to an extensive ATM network all over the world. The Corporation was the first in Puerto Rico to open on weekends and the first to offer in-store branches to its clients.