TheStreet downgraded FBR & Co (NASDAQ:FBRC) to Sell in a report released today.
- Updated: September 17, 2016
TheStreet has downgraded FBR & Co(NASDAQ:FBRC) to Sell in a statement released on 8/17/2016.
Having a price of $14.52, FBR & Co (NASDAQ:FBRC) traded 0.68% higher on the day. The last stock close is down 20.59% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. The company has been tracking to a 50-day average of $14.16 and 200-day average of $16.89. 38,354 shares of FBRC traded hands, down from ann avg. volume of 52,978
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FBR & Co has a 52 week low of $13.12 and a one-year high of $22.38. FBRC’s market capitalization is currently $0.0.
General Company Details For 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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