Equities researchers at StockNews.com began coverage on shares of First of Long Island (NASDAQ:FLIC – Get Free Report) in a report released on Wednesday. The firm set a “hold” rating on the bank’s stock.
First of Long Island Price Performance
Shares of NASDAQ:FLIC opened at $11.78 on Wednesday. The firm has a fifty day moving average price of $12.54 and a two-hundred day moving average price of $12.95. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.98 and a quick ratio of 0.98. First of Long Island has a one year low of $9.30 and a one year high of $15.03. The company has a market cap of $265.59 million, a price-to-earnings ratio of 15.71 and a beta of 0.75.
First of Long Island (NASDAQ:FLIC – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.14 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.10). First of Long Island had a net margin of 9.52% and a return on equity of 4.74%.
Institutional Trading of First of Long Island
About First of Long Island
The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, and individual retirement accounts.
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