First of Long Island Corp (NASDAQ:FLIC) Director Milbrey Rennie Taylor sold 2,236 shares of the company’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $27.90, for a total transaction of $62,384.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of First of Long Island Corp (NASDAQ:FLIC) traded up $0.50 during midday trading on Thursday, reaching $28.05. 31,200 shares of the company were exchanged, compared to its average volume of 47,735. The firm has a market cap of $679.61, a price-to-earnings ratio of 18.61 and a beta of 0.72. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.96 and a current ratio of 0.96. First of Long Island Corp has a 12-month low of $25.60 and a 12-month high of $33.50.
A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of First of Long Island from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Zacks Investment Research raised shares of First of Long Island from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Wednesday, January 3rd. Sandler O’Neill set a $33.00 target price on shares of First of Long Island and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Finally, ValuEngine lowered shares of First of Long Island from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $31.33.
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First of Long Island Company Profile
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.
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