Is This Stock a Screaming Buy: First Bancshares Inc. (NASDAQ:FBMS)

Equity Research firms currently have a positive stance on shares of First Bancshares Inc. (NASDAQ:FBMS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $23.00 on a short term basis.

At the time of writing, the stock was trading at $18.95. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 4.01%. The monthly stock performance comes in at 9.47%. For the quarter, shares are performing at 9.27%. Weekly performance analysis shows the equity at -1.92%.

In taking a look at technical levels, shares are trading 6.69% away from the 50 day simple moving average and 10.78% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -3.07% away from it’s 52- week high and 24.23% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, First Bancshares Inc.’s RSI stands at 58.96. In looking at volatility levels, the shares saw weekly volatility of 2.24% and 1.96% over the past month.

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