First Merchants (NASDAQ:FRME – Get Rating) had its price objective lowered by Raymond James from $50.00 to $43.00 in a research note published on Thursday morning, The Fly reports. Raymond James currently has an outperform rating on the bank’s stock. Separately, StockNews.com began coverage on First Merchants in a report on Thursday, March 16th. They […]
First Merchants Co. (NASDAQ:FRME – Get Rating) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 565,500 shares, an increase of 12.2% from the February 28th total of 503,900 shares. Based on an average trading volume of 188,000 shares, the short-interest ratio is currently 3.0 days. […]
First Merchants Co. (NASDAQ:FRME – Get Rating)’s share price reached a new 52-week low on Thursday . The company traded as low as $33.05 and last traded at $33.05, with a volume of 108218 shares. The stock had previously closed at $34.08. Analyst Ratings Changes FRME has been the subject of a number of analyst […]
Virginia Retirement Systems ET AL decreased its stake in First Merchants Co. (NASDAQ:FRME – Get Rating) by 9.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,300 shares of the bank’s stock after selling 3,300 shares during the quarter. Virginia Retirement Systems ET AL […]
First Merchants Co. (NASDAQ:FRME – Get Rating)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $36.25 and last traded at $36.39, with a volume of 807 shares changing hands. The stock had previously closed at $37.38. Separately, StockNews.com initiated coverage on shares of First Merchants […]