Affinity Bancshares (NASDAQ:AFBI) Trading 0.1% Higher

Affinity Bancshares, Inc. (NASDAQ:AFBI)’s share price shot up 0.1% during trading on Thursday . The stock traded as high as $21.41 and last traded at $21.37. 12,874 shares were traded during trading, an increase of 4% from the average session volume of 12,404 shares. The stock had previously closed at $21.34.

Affinity Bancshares Stock Performance

The firm has a 50 day moving average price of $21.23 and a 200 day moving average price of $18.87. The stock has a market cap of $137.39 million, a PE ratio of 23.27 and a beta of 0.51. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.41.

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

Institutional Trading of Affinity Bancshares

Hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its position in shares of Affinity Bancshares by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock worth $1,089,000 after buying an additional 1,744 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Affinity Bancshares by 16.2% during the second 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 in the last quarter. Objectivity Squared LLC purchased a new stake in shares of Affinity Bancshares during the 4th quarter valued at $447,000. Finally, Salzhauer Michael acquired a new stake in shares of Affinity Bancshares in the 1st quarter worth $208,000. Hedge funds and other institutional investors own 39.31% of the company’s stock.

About Affinity Bancshares

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.