Company Shares of FIRST REPUBLIC BANK (NYSE:FRC) Rally 0.8%

FIRST REPUBLIC BANK (NYSE:FRC) : During the past 4 weeks, traders have been relatively bearish on FIRST REPUBLIC BANK (NYSE:FRC), hence the stock is down -1.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.48% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.8% in the last 1 week, and is up 0.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 7.83% from its 1 Year high price. On May 31, 2016, the shares registered one year high at $73.22 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $69.59 and the 200 Day Moving Average price is recorded at $66.76.

The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 0.17%.


FIRST REPUBLIC BANK (NYSE:FRC): stock turned positive on Friday. Though the stock opened at $68.96, the bulls momentum made the stock top out at $69.91 level for the day. The stock recorded a low of $68.95 and closed the trading day at $69.28, in the green by 1.49%. The total traded volume for the day was 612,179. The stock had closed at $68.26 in the previous days trading.

First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management, including investment, trust and brokerage services. The Company has offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Palm Beach, Greenwich and New York City. The Companys products and services include residential lending, commercial real estate lending, personal lending, private business banking, deposit services, investment management services, brokerage services and trust services. The Bank offers full-service banking on both coasts, including free online banking, free bill pay and free access to automated teller machines (ATMs) across the world.

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