Shares Losing Ground: First Internet Bancorp (NASDAQ:INBK)

Shares of First Internet Bancorp (NASDAQ:INBK) have been moving lower in early trading. At the time of writing, the stock had slid down -6.28% since the open. This downward move has put the stock in the top loser category moving into the second half of the trading period.First Internet Bancorp (NASDAQ:INBK) is seeing declines so far in today’s trading session.  Shares are moving -6.28% lower on solid volume. The stock has landed on the top loser list for the day according to Finviz data.  

First Internet Bancorp(NASDAQ:INBK)‘s stock has performed at -9.06% year to date.  Breaking that down further, it has performed -4.59% for the week, -5.83% for the month, 6.40% over the last quarter, -4.12% for the past half-year and 22.47% for this last year. 

First Internet Bancorp’s stock is   -6.75% away from its 20-Day Simple Moving Average.  Extending back, their stock is trading -4.55% from the 50-Day Simple Moving Average, looking even further back, they are trading -1.58% off of the 200-Day Simple Moving Average.  In comparing the current level to recent highs and lows, the stock is -12.74% from the 50-Day High and 6.79% off the 50-day low.

 We should also note their 52-Week High and Low:  the shares currently trade -12.74% away from their high and 29.10% from the low.

RECOMMENDATIONS

Considering the above information, analysts have given a consensus recommendation of 1.80.  This is according to the brokerage firms polled by Thomson Reuters.  

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