First Seacoast Bancorp (NASDAQ:FSEA) Trading Down 1.3% – Here’s What Happened

First Seacoast Bancorp, Inc. (NASDAQ:FSEA)’s share price was down 1.3% on Wednesday . The stock traded as low as $11.30 and last traded at $11.26. Approximately 846 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 11,684 shares. The stock had previously closed at $11.40.

First Seacoast Bancorp Price Performance

The company has a market cap of $53.09 million, a P/E ratio of -5.96 and a beta of 0.12. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s fifty day moving average is $11.13 and its two-hundred day moving average is $10.46.

First Seacoast Bancorp (NASDAQ:FSEA) last released its quarterly earnings data on Friday, May 9th. The company reported ($0.14) EPS for the quarter. First Seacoast Bancorp had a negative net margin of 35.93% and a negative return on equity of 13.41%. The company had revenue of $3.53 million for the quarter.

Institutional Trading of First Seacoast Bancorp

Several hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC raised its position in shares of First Seacoast Bancorp by 80.7% during the 4th quarter. Renaissance Technologies LLC now owns 19,032 shares of the company’s stock valued at $191,000 after buying an additional 8,500 shares in the last quarter. Rangeley Capital LLC purchased a new stake in shares of First Seacoast Bancorp during the 4th quarter valued at about $131,000. Finally, Farther Finance Advisors LLC raised its position in shares of First Seacoast Bancorp by 100.0% during the 4th quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock valued at $60,000 after buying an additional 3,000 shares in the last quarter. 38.38% of the stock is currently owned by hedge funds and other institutional investors.

About First Seacoast Bancorp

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.