First Bancorp of Indiana (OTCMKTS:FBPI) Stock Price Down 1.6% – Here’s Why

First Bancorp of Indiana Inc. (OTCMKTS:FBPI) was down 1.6% on Wednesday . The company traded as low as $13.25 and last traded at $13.25. Approximately 300 shares were traded during trading, a decline of 37% from the average daily volume of 478 shares. The stock had previously closed at $13.46.

First Bancorp of Indiana Price Performance

The firm has a market cap of $22.66 million, a price-to-earnings ratio of 63.10 and a beta of 0.19. The firm’s fifty day moving average is $12.27 and its 200-day moving average is $11.58.

First Bancorp of Indiana Company Profile

First Bancorp of Indiana is a bank holding company headquartered in Evansville, Indiana. Through its banking subsidiary, the company offers a range of financial products and services, including deposit accounts, mortgage lending, consumer and commercial loans, and cash-management solutions designed to meet the needs of both individual and business clients.

The company operates a network of branch offices alongside a digital banking platform to serve communities in southwestern Indiana and the greater Louisville, Kentucky metropolitan area.