The market has been high on Republic First Bancorp, Inc. (FRBK) stock recently. FRBK gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With FRBK Stock Today?
Republic First Bancorp, Inc. (FRBK) stock is up 0.43% while the S&P 500 has fallen -1.63% as of 2:56 PM on Friday, Oct 23. FRBK has risen $0.01 from the previous closing price of $2.35 on volume of 428,114 shares. Over the past year the S&P 500 is higher by 14.06% while FRBK has fallen -43.68%. FRBK lost -$0.04 per share in the over the last 12 months.
More About Republic First Bancorp, Inc.
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.