First Bancorp Inc (ME) (FNLC) Soars 1.84% on March 30

Equities Staff  |

First Bancorp Inc (ME) (FNLC) had a good day on the market for Tuesday March 30 as shares jumped 1.84% to close at $29.38. About 10,474 shares traded hands on 517 trades for the day, compared with an average daily volume of n/a shares out of a total float of 10.98 million. After opening the trading day at $28.65, shares of First Bancorp Inc (ME) stayed within a range of $29.71 to $28.41.

With today's gains, First Bancorp Inc (ME) now has a market cap of $322.72 million. Shares of First Bancorp Inc (ME) have been trading within a range of $30.45 and $17.62 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.

First Bancorp Inc (ME) is based out of Damariscotta, ME and has some 255 employees. Its CEO is Tony C. Mckim.

For a complete fundamental analysis of First Bancorp Inc (ME), check out’s Stock Valuation Analysis report for FNLC.

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First Bancorp Inc (ME) is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on First Bancorp Inc (ME) and to follow the company’s latest updates, you can visit the company’s profile page here: FNLC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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:

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