Company Shares of First Ban (NYSE:FBP) Rally 0.97%

First Ban (NYSE:FBP) : During the past 4 weeks, traders have been relatively bearish on First Ban (NYSE:FBP), hence the stock is down -5.22% 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 -0.31% relative to the S&P 500. The stock has risen by 0.97% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.7% in the past 4 weeks.

The company shares have dropped -12.58% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $4.92 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $4.16 and the 200 Day Moving Average price is recorded at $3.26.

The stock has recorded a 20-day Moving Average of 2.29% and the 50-Day Moving Average is 3.4%.


First Ban (NYSE:FBP): stock turned positive on Friday. Though the stock opened at $4.15, the bulls momentum made the stock top out at $4.26 level for the day. The stock recorded a low of $4.13 and closed the trading day at $4.17, in the green by 4.25%. The total traded volume for the day was 679,857. The stock had closed at $4 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Lopez-Lay Ginoris, officer (EVP) of First Bancorp /Pr/, had unloaded 10,000 shares at an average price of $3.88 in a transaction dated on November 13, 2015. The total value of the transaction was worth $38,800.

First BanCorp. is a financial holding company. The Company serves as the bank holding company for FirstBank Puerto Rico (FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). Through its wholly owned subsidiaries, the Company provides financial services and products with operations in Puerto Rico, the United States and the United States Virgin Islands and British Virgin Islands. It focuses on commercial banking, residential mortgage loan originations, finance leases, credit cards, personal loans, small loans, auto loans, and insurance agency and broker-dealer activities. It operates in six segments: Commercial and Corporate Banking; Consumer (Retail) Banking; Mortgage Banking; Treasury and Investments; United States Operations, and Virgin Islands Operations. It has two wholly owned subsidiaries: FirstBank, a Puerto Rico-chartered commercial bank and FirstBank Insurance Agency, a Puerto Rico-chartered insurance agency.

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