In a filing, First Commonwealth Financial Corp revealed its EVP/Chief Lending Officer McCuen Michael P acquired Company’s shares for reported $50041.0 on Feb 10 ’25. In the deal valued at $16.57 per share,3,020 shares were bought. As a result of this transaction, McCuen Michael P now holds 60,643 shares worth roughly $0.95 million.
Then, McCuen Michael P bought 2,919 shares, generating $49,594 in total proceeds. Upon buying the shares at $16.99, the EVP/Chief Lending Officer now owns 57,623 shares.
Janney downgraded its First Commonwealth Financial Corp [FCF] rating to a Neutral from a a Buy in a research note published on July 29, 2024; the price target was increased to $19 from $16. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid May from “an Equal-weight” to “an Overweight”. Raymond James also remained covering FCF and has decreased its forecast on February 21, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Janney started covering the stock on September 29, 2022. It rated FCF as “a Buy”.
Price Performance Review of FCF
On Friday, First Commonwealth Financial Corp [NYSE:FCF] saw its stock unchanged to $15.72. Over the last five days, the stock has lost -4.38%. First Commonwealth Financial Corp shares have fallen nearly -7.09% since the year began. Nevertheless, the stocks have risen 15.50% over the past one year. While a 52-week high of $19.96 was reached on 01/15/25, a 52-week low of $12.41 was recorded on 03/07/25. SMA at 50 days reached $16.51, while 200 days put it at $16.38.
Levels Of Support And Resistance For FCF Stock
The 24-hour chart illustrates a support level at 15.51, which if violated will result in even more drops to 15.30. On the upside, there is a resistance level at 15.90. A further resistance level may holdings at 16.08. The Relative Strength Index (RSI) on the 14-day chart is 36.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.49%. Stochastics %K at 17.86% indicates the stock is a buying.
