First Bancorp of Indiana (OTCMKTS:FBPI) Stock Breaks Above 50-Day Moving Average – Here’s What Happened

First Bancorp of Indiana Inc. (OTCMKTS:FBPI)’s share price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $14.71 and traded as high as $18.50. First Bancorp of Indiana shares last traded at $18.09, with a volume of 111,006 shares.

First Bancorp of Indiana Trading Down 0.4%

The company’s 50-day simple moving average is $14.78 and its 200-day simple moving average is $13.95.

First Bancorp of Indiana Company Profile

First Bancorp of Indiana, Inc is a bank holding company headquartered in Evansville, Indiana. Its principal subsidiary, First Federal Savings Bank, operates as a community-focused financial institution serving individuals, families, businesses and organizations in southwestern Indiana.

First Federal Savings Bank provides deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage lending. Its lending activities also include commercial real estate, commercial business, construction, home equity and consumer loans.

The bank complements its lending and deposit services with online and mobile banking, electronic payment services, debit cards and other conventional banking products.