1st Colonial Bancorp (OTCMKTS:FCOB) Stock Price Down 1.8%

1st Colonial Bancorp, Inc. (OTCMKTS:FCOB)’s stock price was down 1.8% during mid-day trading on Friday . The stock traded as low as $15.30 and last traded at $15.70. Approximately 19,293 shares were traded during trading, an increase of 255% from the average daily volume of 5,434 shares. The stock had previously closed at $15.98.

1st Colonial Bancorp Price Performance

The company has a debt-to-equity ratio of 0.90, a current ratio of 1.00 and a quick ratio of 0.99. The firm has a 50-day moving average of $15.53 and a 200-day moving average of $14.70. The stock has a market cap of $75.05 million, a PE ratio of 10.13 and a beta of 0.70.

1st Colonial Bancorp (OTCMKTS:FCOB) last released its earnings results on Tuesday, April 23rd. The company reported $0.32 earnings per share (EPS) for the quarter. 1st Colonial Bancorp had a return on equity of 11.14% and a net margin of 16.80%. The firm had revenue of $7.02 million during the quarter.

Hedge Funds Weigh In On 1st Colonial Bancorp

A hedge fund recently raised its stake in 1st Colonial Bancorp stock. Fulton Bank N.A. boosted its position in shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) by 120.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,165 shares of the company’s stock after buying an additional 38,396 shares during the period. Fulton Bank N.A. owned approximately 1.47% of 1st Colonial Bancorp worth $1,088,000 as of its most recent SEC filing. 13.44% of the stock is owned by institutional investors.

About 1st Colonial Bancorp

1st Colonial Bancorp, Inc operates as the bank holding company for 1st Colonial Community Bank that provides a range of business and consumer financial services in New Jersey. The company offers various deposit products, including savings accounts, money market accounts, certificates of deposit, club accounts, and business and personal checking accounts.