First Seacoast Bancorp (NASDAQ:FSEA) Shares Up 1.7% – Here’s What Happened

First Seacoast Bancorp, Inc. (NASDAQ:FSEA)’s share price traded up 1.7% during mid-day trading on Monday . The stock traded as high as $9.20 and last traded at $9.20. 4,736 shares were traded during mid-day trading, a decline of 63% from the average session volume of 12,684 shares. The stock had previously closed at $9.05.

First Seacoast Bancorp Price Performance

The stock has a market capitalization of $46.10 million, a price-to-earnings ratio of -3.44 and a beta of 0.45. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.12. The stock has a 50-day simple moving average of $9.17 and a 200 day simple moving average of $9.06.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its quarterly earnings data on Friday, August 9th. The company reported $0.42 EPS for the quarter. The firm had revenue of $5.92 million for the quarter. First Seacoast Bancorp had a negative net margin of 42.33% and a negative return on equity of 14.79%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Seacoast Bancorp stock. Vanguard Group Inc. grew its holdings in First Seacoast Bancorp, Inc. (NASDAQ:FSEA) by 154.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 207,779 shares of the company’s stock after acquiring an additional 126,220 shares during the period. Vanguard Group Inc. owned 4.09% of First Seacoast Bancorp worth $1,741,000 as of its most recent SEC filing. 38.38% of the stock is owned by institutional investors.

First Seacoast Bancorp Company Profile

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.