First Seacoast Bancorp (NASDAQ:FSEA) Stock Price Down 0.3% - Here's What Happened
First Seacoast Bancorp (NASDAQ:FSEA) shares fell 0.3% to $11.59 on Thursday, with trading volume increasing by 814% to 23,950 shares. The company reported a quarterly EPS of ($0.13) and revenue of $3.88 million, with a negative net margin of 9.05%. Polaris Capital Management raised its stake in the company by 28.2%, owning 1.92% of the stock. The stock has a market cap of $54.48 million and a price-to-earnings ratio of -20.34. Analysts currently rate it as a Hold.
First Seacoast Bancorp Inc. (NASDAQ:FSEA - Get Free Report) shares traded down 0.3% on Thursday . The stock traded as low as $11.50 and last traded at $11.59. 23,950 shares changed hands during trading, an increase of 814% from the average session volume of 2,619 shares. The stock had previously closed at $11.63.
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First Seacoast Bancorp Stock Performance
The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $54.48 million, a price-to-earnings ratio of -20.34 and a beta of 0.10. The stock's 50-day moving average is $11.49 and its 200 day moving average is $11.28.
First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported ($0.13) EPS for the quarter. The firm had revenue of $3.88 million during the quarter. First Seacoast Bancorp had a negative net margin of 9.05% and a negative return on equity of 4.02%.
Institutional Investors Weigh In On First Seacoast Bancorp
An institutional investor recently raised its position in First Seacoast Bancorp stock. Polaris Capital Management LLC boosted its position in First Seacoast Bancorp Inc. (NASDAQ:FSEA - Free Report) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,537 shares of the company's stock after purchasing an additional 19,900 shares during the period. Polaris Capital Management LLC owned about 1.92% of First Seacoast Bancorp worth $1,031,000 as of its most recent filing with the Securities & Exchange Commission. 38.38% of the stock is owned by hedge funds and other institutional investors.
First Seacoast Bancorp Company Profile
(Get Free Report)First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.
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