The First of Long Island Corporation (FLIC) Soars 5.37% on December 12

Equities Staff  |

The First of Long Island Corporation (FLIC) had a good day on the market for Wednesday December 12 as shares jumped 5.37% to close at $20.39. About 56,506 shares traded hands on 620 trades for the day, compared with an average daily volume of n/a shares out of a total float of 25.42 million. After opening the trading day at $19.59, shares of The First of Long Island Corporation stayed within a range of $20.63 to $19.52.

With today's gains, The First of Long Island Corporation now has a market cap of $518.33 million.

The stock has a P/E Ratio of 14.3. Shares of The First of Long Island Corporation have been trading within a range of $30.70 and $19.10 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

First of Long Island Corp is a holding company which provides financial services through its subsidiary, The First National Bank of Long Island. It offers services of saving account, current account, and capital gain accounts. It also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill Payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers and public bodies. Revenue earned by the company mainly consists of interest on loans and investment securities, fees on deposit accounts and income from investment management.

The First of Long Island Corporation is based out of Glen Head, NY and has some 333 employees. Its CEO is Michael N. Vittorio.

For a complete fundamental analysis of The First of Long Island Corporation, check out Equities.com’s Stock Valuation Analysis report for FLIC.

Still paying commissions on stock trades? Equities.com now offers 100% commission free stock trading and flat-fee options trading for $89.95/month! Get started today by https://www.equities.com/trading

The First of Long Island Corporation 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 The First of Long Island Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: FLIC’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.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. 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: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

Radient Technologies Inc.

Radient Technologies Inc is engaged in research, development and commercialization of environmentally responsible technology for the extraction, isolation and purification of soluble products from a wide range of materials using…