First Seacoast Bancorp (NASDAQ:FSEA) Stock Price Up 0.4% – Still a Buy?

Shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) shot up 0.4% during trading on Friday . The stock traded as high as $17.20 and last traded at $17.18. 12,909 shares traded hands during mid-day trading, an increase of 262% from the average daily volume of 3,570 shares. The stock had previously closed at $17.12.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded First Seacoast Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

First Seacoast Bancorp Stock Up 0.4%

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market cap of $80.75 million, a price-to-earnings ratio of -429.50 and a beta of 0.16. The firm’s 50-day simple moving average is $16.98 and its two-hundred day simple moving average is $15.13.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its earnings results on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter. First Seacoast Bancorp had a net margin of 0.15% and a return on equity of 0.07%. The company had revenue of $4.14 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Flywheel Private Wealth LLC acquired a new position in First Seacoast Bancorp during the 1st quarter worth $629,000. BlackRock Inc. acquired a new stake in shares of First Seacoast Bancorp in the 2nd quarter valued at $211,000. Susquehanna International Group LLP bought a new stake in shares of First Seacoast Bancorp during the second quarter worth $226,000. PenderFund Capital Management Ltd. bought a new stake in shares of First Seacoast Bancorp during the second quarter worth $300,000. Finally, Pallas Capital Advisors LLC bought a new stake in shares of First Seacoast Bancorp during the second quarter worth $325,000. Institutional investors and hedge funds own 38.38% of the company’s stock.

First Seacoast Bancorp Company Profile

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.