First Bancorp of Indiana (OTCMKTS:FBPI) Shares Break Above 50 Day Moving Average – What’s Next?

First Bancorp of Indiana Inc. (OTCMKTS:FBPI) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $14.71 and traded as high as $18.50. First Bancorp of Indiana shares last traded at $18.09, with a volume of 111,006 shares traded.

First Bancorp of Indiana Price Performance

The company has a market cap of $30.93 million, a PE ratio of 86.14 and a beta of 0.13. The company has a 50-day moving average price of $14.71 and a two-hundred day moving average price of $13.92.

First Bancorp of Indiana Company Profile

First Bancorp of Indiana, Inc is a bank holding company headquartered in Evansville, Indiana. Its principal subsidiary, First Federal Savings Bank, operates as a community-focused financial institution serving individuals, families, businesses and organizations in southwestern Indiana.

First Federal Savings Bank provides deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage lending. Its lending activities also include commercial real estate, commercial business, construction, home equity and consumer loans.

The bank complements its lending and deposit services with online and mobile banking, electronic payment services, debit cards and other conventional banking products.