Tracie Young Sells 24,000 Shares of Republic First Bancorp, Inc. (FRBK) Stock
Republic First Bancorp, Inc. (NASDAQ:FRBK) insider Tracie Young sold 24,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $7.74, for a total transaction of $185,760.00. Following the transaction, the insider now owns 13,425 shares in the company, valued at approximately $103,909.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Republic First Bancorp stock opened at $5.97 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $352.14 million, a price-to-earnings ratio of 39.93 and a beta of 1.06. Republic First Bancorp, Inc. has a 1 year low of $5.78 and a 1 year high of $9.30.
Republic First Bancorp (NASDAQ:FRBK) last posted its quarterly earnings results on Monday, January 28th. The bank reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.02). The business had revenue of $24.87 million during the quarter. Republic First Bancorp had a return on equity of 3.67% and a net margin of 7.68%.
A number of research analysts recently commented on FRBK shares. BidaskClub upgraded shares of Republic First Bancorp from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 28th. TheStreet upgraded shares of Republic First Bancorp from a “c+” rating to a “b-” rating in a research report on Wednesday, December 12th.
COPYRIGHT VIOLATION NOTICE: “Tracie Young Sells 24,000 Shares of Republic First Bancorp, Inc. (FRBK) Stock” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2019/03/15/tracie-young-sells-24000-shares-of-republic-first-bancorp-inc-frbk-stock.html.
Republic First Bancorp Company Profile
Republic First Bancorp, Inc operates as the holding company for Republic First Bank that provides a range of credit and depository banking products and services to individuals and businesses primarily in Greater Philadelphia and Southern New Jersey. It offers consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit.
See Also: 12b-1 Fees
Receive News & Ratings for Republic First Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Republic First Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.