First Bancorp (FBP) is Trading Higher on Unusual Volume for December 21

Equities Staff |

First Bancorp (FBP) experienced unusually high volume on Dec. 21, as the stock gained 2.24% to a closing price of $3.20. The stock saw 18.51 million shares trade hands over the course of the day on 22,859 trades. Given that the stock’s average daily volume over the last month has been 1.53 million shares a day, this represents a pretty substantial spike over the norm.

First Bancorp has a P/B ratio of 0.41. It also has a P/E ratio of 2. The stock has traded between $6.76 and $3.01 over the last 52-weeks, its 50-day SMA is now $3.74, and its 200-day SMA $4.87.

First BanCorp is a financial holding company. The Company provides financial services and products for retail, commercial and institutional clients with operations in Puerto Rico, the United States and the USVI and BVI.

Headquartered in San Juan, , First Bancorp has 2,617 employees and is currently under the leadership of CEO Aurelio Aleman.

For a complete fundamental analysis analysis of First Bancorp, check out’s Stock Valuation Analysis report for FBP. To see the latest independent stock recommendations from’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

NABUfit Global Inc

NABUfit Global Inc develops online fitness portal and a mobile app with the option of connecting existing and future monitoring devices (wearables etc.).

Private Markets


Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…