Flushing Financial Corporation (FFIC) Breaks into New 52-Week High on February 24 Session

Equities Staff  |

Shares of Flushing Financial Corporation (FFIC) broke into a new 52-week high yesterday, hitting a peak of $22.11. Shares closed at $22.05 after opening at $21.66 for a move of 2.85%. The company now has a market cap of $678.61 million.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For Flushing Financial Corporation, the new 52-week high came on volume of 181,682. The stock has a float of 30.78 million shares and average daily volume of $n/a. It has a 50-day SMA of $n/a and a 200-day SMA of $n/a.

For a complete fundamental analysis analysis of Flushing Financial Corporation, check out Equities.com’s Stock Valuation Analysis report for FFIC.

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Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.

Flushing Financial Corporation is based out of Uniondale, NY and has some 474 employees. Its CEO is John R. Buran.

Flushing Financial Corporation is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What's more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.

To get more information on Flushing Financial Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: FFIC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’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.

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