First Bancorp Inc (ME) (FNLC) is Trading Higher on Unusual Volume for January 29

Equities Staff |

First Bancorp Inc (ME) (FNLC) experienced unusually high volume on Jan. 29, as the stock gained 1.58% to a closing price of $18.69. The stock saw 42,072 shares trade hands over the course of the day on 334 trades. Given that the stock’s average daily volume over the last month has been 17,726 shares a day, this represents a pretty substantial spike over the norm.

First Bancorp Inc (ME) has a P/B ratio of 1.2. It also has a P/E ratio of 12.4. The stock has traded between $22.56 and $16.20 over the last 52-weeks, its 50-day SMA is now $20.15, and its 200-day SMA $18.83.

First Bancorp Inc through its wholly-owned subsidiary provides banking services to individual and corporate customers from sixteen offices in coastal and eastern Maine.

Headquartered in Damariscotta, ME, First Bancorp Inc (ME) has 235 employees and is currently under the leadership of CEO Tony C. Mckim.

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

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For more news on the financial markets, go to Equities.com. 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.

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