FNCB Bancorp, Inc. (FNCB)’s Trend Up, Especially After Today’s 52-Week High Milestone

April 19, 2018 - By Rodney Autry

FNCB Bancorp, Inc. (NASDAQ:FNCB) Logo

The stock of FNCB Bancorp, Inc. (NASDAQ:FNCB) hit a new 52-week high and has $9.68 target or 7.00 % above today’s $9.05 share price. The 9 months bullish chart indicates low risk for the $151.74 million company. The 1-year high was reported on Apr, 19 by Barchart.com. If the $9.68 price target is reached, the company will be worth $10.62 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 9.50% or $0.95 during the last trading session, reaching $9.05. About 30 shares traded. FNCB Bancorp, Inc. (NASDAQ:FNCB) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

FNCB Bancorp, Inc. operates as the holding firm for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania. The company has market cap of $151.74 million. It offers checking, savings, and certificate of deposit products. It has a 1005.56 P/E ratio. The firm also provides one- to four-family residential mortgage loans; construction, land acquisition, and development loans; commercial real estate loans; commercial and industrial loans; consumer loans, such as secured and unsecured installment loans, lines of credit, overdraft protection loans, auto loans, home equity loans, and lines of credit; and state and political subdivision loans.

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