First Seacoast Bancorp (NASDAQ:FSEA) Trading 0.1% Higher – Here’s Why

Shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) traded up 0.1% during trading on Monday . The company traded as high as $16.76 and last traded at $16.74. 7,735 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 91,464 shares. The stock had previously closed at $16.72.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of First Seacoast Bancorp from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, First Seacoast Bancorp has a consensus rating of “Hold”.

First Seacoast Bancorp Stock Up 0.1%

The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.84. The company has a market cap of $78.51 million, a price-to-earnings ratio of -76.09 and a beta of 0.16. The stock has a fifty day moving average price of $14.01 and a two-hundred day moving average price of $13.16.

First Seacoast Bancorp (NASDAQ:FSEA) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.12) EPS for the quarter. The company had revenue of $3.93 million during the quarter. First Seacoast Bancorp had a negative net margin of 2.60% and a negative return on equity of 1.20%.

Institutional Trading of First Seacoast Bancorp

A hedge fund recently bought a new stake in First Seacoast Bancorp stock. Flywheel Private Wealth LLC purchased a new position in shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned about 1.07% of First Seacoast Bancorp at the end of the most recent quarter. Institutional investors and hedge funds own 38.38% of the company’s stock.

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.