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

Shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) traded up 0.1% during trading on Monday . The company traded as high as $16.76 and last traded at $16.74. 7,735 shares changed hands during 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 research note 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”.

First Seacoast Bancorp Stock Performance

The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $78.65 million, a price-to-earnings ratio of -76.22 and a beta of 0.16. The firm’s fifty day moving average price is $14.01 and its 200 day moving average price is $13.16.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its earnings results on Friday, May 15th. The company reported ($0.12) earnings per share (EPS) for the quarter. First Seacoast Bancorp had a negative net margin of 2.60% and a negative return on equity of 1.20%. The firm had revenue of $3.93 million during the quarter.

Hedge Funds Weigh In On First Seacoast Bancorp

An institutional investor recently bought a new position in First Seacoast Bancorp stock. Flywheel Private Wealth LLC bought a new stake in First Seacoast Bancorp Inc. (NASDAQ:FSEA) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned approximately 1.07% of First Seacoast Bancorp at the end of the most recent reporting period. Institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Company Profile

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.