First Seacoast Bancorp (NASDAQ:FSEA) Stock Price Down 1.6% - Here's Why

First Seacoast Bancorp Inc. (NASDAQ:FSEA - Get Free Report) shares traded down 1.6% during mid-day trading on Monday . The stock traded as low as $11.02 and last traded at $11.17. 6,844 shares traded hands during trading, a decline of 37% from the average session volume of 10,857 shares. The stock had previously closed at $11.35.

First Seacoast Bancorp Trading Up 0.0%

The company's fifty day moving average is $11.27 and its two-hundred day moving average is $10.95. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $54.27 million, a price-to-earnings ratio of -574.96 and a beta of 0.10.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The company reported ($0.14) earnings per share for the quarter. First Seacoast Bancorp had a return on equity of 0.06% and a net margin of 0.12%. The business had revenue of $3.53 million during the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rangeley Capital LLC purchased a new position in shares of First Seacoast Bancorp during the 4th quarter valued at approximately $131,000. Renaissance Technologies LLC lifted 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. Finally, Polaris Capital Management LLC lifted its position in shares of First Seacoast Bancorp by 28.2% during the 2nd quarter. Polaris Capital Management LLC now owns 90,537 shares of the company's stock valued at $1,031,000 after buying an additional 19,900 shares in the last quarter. Hedge funds and other institutional investors own 38.38% of the company's stock.

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.