First Financial Bancorp (NASDAQ:FFBC) currently has a daily average trading volume of 418.96K but it saw 261739 shares traded in last market. With a market cap of 2.84B USD, the company’s current market price of $29.71 came falling about -0.37 while comparing to the previous closing price of $29.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.18 and as low as $19.92. In the recent trading on the day, stock has struck highest price mark of $29.65 while lowest mark touched by it was $30.27.
Taking a look at 20-day trading activity of First Financial Bancorp (FFBC) gives us an average price of $28.51, while its current price level is -4.71% below from 52-week high level whereas it is 49.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $26.50 while that of 200 days or SMA-200 reads an average of $23.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.51% during that period while stretching the period over a month that increases to 2.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.93 which implies that the stock is in neutral territory.
Piper Sandler upgraded its recommendation for the stock as a “Overweight” from “Neutral” on July 10, 2023 while assigning a price target range of $23-$24. Piper Sandler issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $22 and $23.
Over the week, FFBC’s stock price is moving 3.63% up while it is 14.67% when we observe its performance for the past one month. Year-to-date it is 25.09% up and over the past year, the stock is showing an upside performance of 46.35%.
Currently, First Financial Bancorp’s total number of outstanding shares is 95.14M. Company’s return on investment (ROI) stands at 7.73% and return on equity (ROE) at 9.64%. It has a price to earnings ratio (P/E ratio) of 12.83 while having a 12.13 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 1.16 while price to sale or P/S ratio amounts to 2.39. Its return on asset (ROA) is 1.25% on average.
