First Seacoast Bancorp (NASDAQ:FSEA) Trading Up 2.4% - Still a Buy?

Key Points

• Shares of First Seacoast Bancorp were trading up 2.4% intraday (last $12.40, high $12.86) on a volume spike to ~12,303 shares, a 583% increase versus average daily volume.
• Analyst sentiment is negative — Weiss Ratings reiterated a "sell (d-)" and MarketBeat shows an average rating of "Sell" for the stock.
• Fundamentals remain weak: market cap $58.16M, reported ($0.05) EPS last quarter with a negative net margin (-2.94%) and negative ROE (-1.36%), and liquidity ratios (quick and current) of 0.92.

First Seacoast Bancorp Inc. (NASDAQ:FSEA - Get Free Report)'s stock price was up 2.4% during mid-day trading on Monday . The company traded as high as $12.86 and last traded at $12.40. Approximately 12,303 shares were traded during mid-day trading, an increase of 583% from the average daily volume of 1,802 shares. The stock had previously closed at $12.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of First Seacoast Bancorp in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, First Seacoast Bancorp currently has an average rating of "Sell".

First Seacoast Bancorp Stock Up 2.4%

The firm has a market cap of $58.16 million, a price-to-earnings ratio of -51.67 and a beta of 0.07. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.82. The firm has a fifty day moving average price of $12.93 and a 200-day moving average price of $12.43.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last released its earnings results on Friday, March 20th. The company reported ($0.05) EPS for the quarter. First Seacoast Bancorp had a negative net margin of 2.94% and a negative return on equity of 1.36%. The business had revenue of $4.04 million during the quarter.

About First Seacoast Bancorp

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.

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