On 11/6/24, The First of Long Island Corp (NASDAQ: FLIC) stock enjoyed a major increase of 12.9%, closing at $14.57. Moreover, this advance was accompanied by exceptionally high trading volume at 259% of normal. The stock has been strong relative to the market over the last nine months and has risen 14.8% during the last week.
Current PriceTarget Research Rating
FLIC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
First of Long Island has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. First of Long Island has a good Appreciation Score of 78 and a very high Power Rating of 92, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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