FNCB Bancorp (OTCMKTS:FNCB) Stock Price Passes Below 200 Day Moving Average of $7.82

FNCB Bancorp Inc (OTCMKTS:FNCB) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.82 and traded as low as $7.65. FNCB Bancorp shares last traded at $7.65, with a volume of 7,316 shares traded.

The firm’s 50 day moving average is $8.04 and its 200 day moving average is $7.82.

FNCB Bancorp (OTCMKTS:FNCB) last posted its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.17 EPS for the quarter. The firm had revenue of $12.01 million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from FNCB Bancorp’s previous quarterly dividend of $0.05.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its position in FNCB Bancorp by 1,205.3% in the 2nd quarter. BlackRock Inc. now owns 893,072 shares of the financial services provider’s stock valued at $6,912,000 after buying an additional 824,654 shares during the last quarter. Vanguard Group Inc. lifted its stake in FNCB Bancorp by 8.8% in the 2nd quarter. Vanguard Group Inc. now owns 756,616 shares of the financial services provider’s stock worth $5,856,000 after acquiring an additional 61,499 shares in the last quarter. State Street Corp raised its stake in shares of FNCB Bancorp by 3.9% during the 4th quarter. State Street Corp now owns 206,769 shares of the financial services provider’s stock worth $1,747,000 after purchasing an additional 7,850 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of FNCB Bancorp by 35.0% in the 4th quarter. Bank of New York Mellon Corp now owns 80,676 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 20,896 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of FNCB Bancorp in the 4th quarter valued at approximately $430,000. Hedge funds and other institutional investors own 0.25% of the company’s stock.

About FNCB Bancorp (OTCMKTS:FNCB)

FNCB Bancorp Inc , formerly First National Community Bancorp, Inc is a bank holding company for First National Community Bank (the Bank). The Company’s primary activity consists of owning and operating the Bank, which provides customary retail and commercial banking services to individuals and businesses.

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