FBR & Co (NASDAQ:FBRC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Having a price of $13.55, FBR & Co (NASDAQ:FBRC) traded 1.04% higher on the day. The last stock price close is down 19.10% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the date range. FBR & Co has logged a 50-day average of $13.95 and two hundred day moving average of $16.75. Trading volume was was down over the average, with 13,189 shares of FBRC changing hands under the typical 43,739 shares.
Zacks Investment Research has upgraded FBR & Co(NASDAQ:FBRC) to Hold in a statement released 9/19/2016.
See Graph Below:
With a total market value of $0.0, FBR & Co has a 52 week low of $13.09 and a 52 week high of $22.37 with a price-earnings ratio of 0.
Brief Synopsis On FBR & Co (NASDAQ:FBRC)
FBR & Co. is an investment banking and institutional brokerage company. The Company focuses on the equity capital markets. The Company operates through two segments: capital markets, which includes investment banking, institutional brokerage and research, and principal investing. Through its broker-dealer operating subsidiaries, the Company focuses its business on providing: capital raising services, including underwriting and placement of public and private equity, equity-linked and debt securities; financial advisory services, including merger and acquisition (M&A) advisory, restructuring, liability management, recapitalization and strategic alternative analysis; institutional sales and trading services focused on equities, equity-linked securities, listed options, high-yield bonds, senior debt and bank loans, as well as securities lending activities, and and differentiated securities research.
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