First Resource Bancorp (OTCMKTS:FRSB) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of First Resource Bancorp, Inc. (OTCMKTS:FRSB) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.99 and traded as high as $15.65. First Resource Bancorp shares last traded at $15.65, with a volume of 208 shares trading hands.

First Resource Bancorp Price Performance

The stock has a 50 day simple moving average of $14.99 and a 200-day simple moving average of $14.20. The firm has a market cap of $47.04 million, a PE ratio of 8.11 and a beta of 0.42.

First Resource Bancorp (OTCMKTS:FRSB) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.53 earnings per share for the quarter. The company had revenue of $9.78 million for the quarter. During the same period in the previous year, the firm earned $0.44 EPS.

First Resource Bancorp Company Profile

First Resource Bancorp, Inc operates as the bank holding for First Resource Bank that provides personal and business banking products and services to businesses and families primarily in the southeastern area of Pennsylvania. The company's offers savings, checking, and money market accounts, as well as certificate deposit account registry services, insured cash sweeps, certificates of deposit, and IRAs.