Affinity Bancshares (NASDAQ:AFBI) Shares Up 0.1%

Affinity Bancshares, Inc. (NASDAQ:AFBI) shares rose 0.1% during mid-day trading on Thursday . The company traded as high as $21.41 and last traded at $21.37. Approximately 12,874 shares changed hands during trading, an increase of 4% from the average daily volume of 12,404 shares. The stock had previously closed at $21.34.

Affinity Bancshares Stock Up 0.1 %

The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.41. The company has a 50-day simple moving average of $21.23 and a 200 day simple moving average of $18.84. The company has a market cap of $137.13 million, a P/E ratio of 23.23 and a beta of 0.51.

Affinity Bancshares (NASDAQ:AFBI) last posted its quarterly earnings results on Friday, July 26th. The company reported $0.16 EPS for the quarter. The firm had revenue of $8.27 million for the quarter. Affinity Bancshares had a net margin of 11.45% and a return on equity of 4.51%.

Hedge Funds Weigh In On Affinity Bancshares

Hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in Affinity Bancshares by 3.5% in the second quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock worth $1,089,000 after acquiring an additional 1,744 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Affinity Bancshares by 16.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock worth $976,000 after purchasing an additional 6,421 shares during the period. Salzhauer Michael purchased a new stake in shares of Affinity Bancshares in the 1st quarter worth approximately $208,000. Finally, Objectivity Squared LLC bought a new position in shares of Affinity Bancshares during the fourth quarter valued at approximately $447,000. 39.31% of the stock is currently owned by institutional investors.

Affinity Bancshares Company Profile

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.