First Seacoast Bancorp (NASDAQ:FSEA) Trading 0.1% Higher – Here’s Why

by · The Cerbat Gem

Shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA – Get Free Report) traded up 0.1% on Monday . The company traded as high as $16.76 and last traded at $16.74. 7,735 shares were traded during mid-day trading, a decline of 92% from the average session volume of 91,464 shares. The stock had previously closed at $16.72.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of First Seacoast Bancorp from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, May 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on FSEA

First Seacoast Bancorp Stock Up 0.1%

The business’s 50-day moving average price is $14.01 and its 200-day moving average price is $13.16. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $78.51 million, a PE ratio of -76.09 and a beta of 0.16.

First Seacoast Bancorp (NASDAQ:FSEA – Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.12) earnings per share for the quarter. First Seacoast Bancorp had a negative net margin of 2.60% and a negative return on equity of 1.20%. The business had revenue of $3.93 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Seacoast Bancorp stock. Flywheel Private Wealth LLC purchased a new stake in First Seacoast Bancorp Inc. (NASDAQ:FSEA – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned about 1.07% of First Seacoast Bancorp at the end of the most recent reporting period. Hedge funds and other institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Company Profile

(Get Free Report)

First Seacoast Bancorp is the bank holding company for First Seacoast Bank, a regional financial institution headquartered in Dover, New Hampshire. The company provides a comprehensive range of banking products and services designed to meet the needs of individuals, families and businesses. Through its community-focused approach, First Seacoast Bancorp emphasizes personalized customer service and local decision-making.

The company’s retail offerings include deposit accounts such as checking, savings, money market and certificate of deposit products, along with consumer lending solutions including residential mortgages, home equity lines of credit and vehicle financing.

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