Is This Stock a Screaming Buy: First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH)

Equity Research firms currently have a positive stance on shares of First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH). 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 $28.25 on a short term basis.

At the time of writing, the stock was trading at $26.38. This represents a change from the opening price of 0.46%. In terms of performance, year to date, the stock is 3.99%. The monthly stock performance comes in at 5.19%. For the quarter, shares are performing at 6.89%. Weekly performance analysis shows the equity at 0.38%.

In taking a look at technical levels, shares are trading 5.09% away from the 50 day simple moving average and 5.23% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -4.73% away from it’s 52- week high and 29.30% 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 Mid-Illinois Bancshares, Inc.’s RSI stands at 59.23. In looking at volatility levels, the shares saw weekly volatility of 3.43% and 1.86% over the past month.

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