Large Outflow of Money Witnessed in First Community Corporation

First Community Corporation (FCCO): The stock had negative money flow to the tune of ($0.71 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.06 million, whereas, the outflow of money on downticks was $0.77 million and the ratio between the two was 0.08. The block trade had a negative net money flow of ($0.77 million). On the other hand, downticks amounted to $0.77 million of the traded value, which shows distribution in the stock by traders. First Community Corporation (FCCO) closed with marginal gains of 0 cents to end the day at $15.35, an increase of 0.01% over the previous days close. The stock recorded 2.06% for the week.

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First Community Corporation has dropped 0.84% in the last five trading days, however, the shares have posted positive gains of 2.68% in the last 4 weeks. First Community Corporation is up 6.15% in the last 3-month period. Year-to-Date the stock performance stands at 2.88%.

First Community Corporation (FCCO) : Zacks Investment Research ranks First Community Corporation (FCCO) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 2 research analysts is 2, which indicates as a Buy.

First Community Corporation serves as the bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas. The Bank operates through its main office in Lexington, South Carolina and through its 13 full-service offices located in Lexington (two), Forest Acres, Irmo, Cayce-West Columbia, Gilbert, Chapin, Northeast Columbia, Prosperity, Newberry, Aiken, Camden, South Carolina, and Augusta, Georgia. The Bank offers traditional banking products and services for professionals and small-to medium-sized businesses, including consumer and commercial, mortgage, brokerage and investment, and insurance services. It also offers Internet banking, cash management services, safe deposit boxes, traveler checks, and direct deposit of payroll and social security checks.

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