First of Long Island Corp (NASDAQ:FLIC) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Boasting a price of $25.75, First of Long Island Corp (NASDAQ:FLIC) traded -0.45% lower on the day. The last stock close price is down -19.02% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same period. FLIC has recorded a 50-day average of $34.47 and a two hundred day average of $31.80. Trade Volume was up over the average, with 43,863 shares of FLIC changing hands over the typical 36,134
Zacks Investment Research has downgraded First of Long Island Corp (NASDAQ:FLIC) to Sell in a statement released on Tuesday November 29, 2016.
Recent Performance Chart
First of Long Island Corp has PE ratio of 12.93 with a one year low of $25.55 and a one year high of $40.40 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokers have issued a research note on the company. The average stock price target is $32.25 with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On First of Long Island Corp (NASDAQ:FLIC)
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-in banking, merchant credit card services, and investment management and trust services. Its loan portfolio consists of loans to borrowers on Long Island and in the boroughs of New York City, and its real estate loans are secured by properties located in those areas. It has an Investment Management Division that provides investment management, pension trust, personal trust, estate and custody services. Additionally, the Bank has two commercial banking branches in Manhattan.
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