First Resource Bancorp (OTCMKTS:FRSB) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

First Resource Bancorp, Inc. (OTCMKTS:FRSB) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.80 and traded as high as $16.25. First Resource Bancorp shares last traded at $16.25, with a volume of 302 shares traded.

First Resource Bancorp Price Performance

The company has a market capitalization of $46.75 million, a P/E ratio of 8.05 and a beta of 0.42. The business’s 50-day moving average price is $14.85 and its two-hundred day moving average price is $14.12.

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

About First Resource Bancorp

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.