First Resource Bancorp (OTCMKTS:FRSB) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Key Points

• First Resource Bancorp's stock price has crossed above its 50-day moving average of $16.12, reaching a high of $16.50 during trading.
• Despite the recent increase, the stock is currently down 3.5% as it last traded at $16.40 with a market cap of $49.20 million.
• The company reported $0.63 earnings per share and $6.31 million in revenue for its latest quarterly earnings.

First Resource Bancorp, Inc. (OTCMKTS:FRSB - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $16.12 and traded as high as $16.50. First Resource Bancorp shares last traded at $16.40, with a volume of 11,155 shares trading hands.

First Resource Bancorp Price Performance

The stock has a market capitalization of $49.20 million, a PE ratio of 7.96 and a beta of 0.12. The stock's 50 day moving average price is $16.20 and its 200-day moving average price is $15.15.

First Resource Bancorp (OTCMKTS:FRSB - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. The company had revenue of $6.31 million for the quarter.

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.