TheStreet downgraded Republic First Bancorp, Inc. (NASDAQ:FRBK) to Hold in a report released today.
- Updated: October 10, 2016
Yesterday Republic First Bancorp, Inc. (NASDAQ:FRBK) traded 0.00% even at $4.10. The company’s 50-day moving average is $4.14 and its 200-day moving average is $4.33. The last stock close price is down -5.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 10,300 shares of the stock were exchanged, down from an average trading volume of 51,185
TheStreet has downgraded Republic First Bancorp, Inc. (NASDAQ:FRBK) to Hold in a report released on 10/07/2016.
Previously on Monday August 01, 2016, KBW reported about Republic First Bancorp, Inc. (NASDAQ:FRBK) raised the target price from $4.25 to $4.50. At the time, this indicated a possible upside of 0.06%.
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Republic First Bancorp, Inc. has a 52 week low of $3.57 and a 52 week high of $4.84 with a P/E ratio of 51.25 The company’s market cap is currently $0.
In addition to TheStreet reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $4.67 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Republic First Bancorp, Inc. (NASDAQ:FRBK)
Republic First Bancorp, Inc. is a holding company for Republic First Bank (the Bank), which does business under the name Republic Bank. The Company's community banking segment encompasses the commercial loan and deposit activities of the Bank, as well as consumer loan products. It offers a range of banking products and services, including consumer and commercial deposit accounts, checking accounts, interest-bearing demand accounts, money market accounts, certificates of deposit, savings accounts, sweep accounts, lockbox services and individual retirement accounts, secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products. The Company conducts its principal banking activities through approximately 20 branch locations.
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