FNCB Bancorp (OTCMKTS:FNCB) Stock Passes Below Fifty Day Moving Average of $7.59

Shares of FNCB Bancorp Inc (OTCMKTS:FNCB) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.59 and traded as low as $7.63. FNCB Bancorp shares last traded at $7.82, with a volume of 23,195 shares trading hands.

The stock’s 50-day simple moving average is $7.58.

FNCB Bancorp (OTCMKTS:FNCB) last released its quarterly earnings data on Monday, April 22nd. The financial services provider reported $0.14 EPS for the quarter. The business had revenue of $10.46 million for the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were given a dividend of $0.05 per share. The ex-dividend date was Friday, May 31st. This represents a $0.20 annualized dividend and a yield of 2.58%.

A number of hedge funds have recently added to or reduced their stakes in FNCB. M3F Inc. bought a new position in FNCB Bancorp during the first quarter valued at $2,823,000. Vanguard Group Inc. bought a new position in FNCB Bancorp during the third quarter valued at $1,781,000. Finally, Bank of New York Mellon Corp bought a new position in FNCB Bancorp during the fourth quarter valued at $96,000. Institutional investors and hedge funds 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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