First Seacoast Bancorp (NASDAQ:FSEA) Trading Up 2.4% – Here’s Why

First Seacoast Bancorp Inc. (NASDAQ:FSEA) was up 2.4% during mid-day trading on Monday . The stock 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.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of First Seacoast Bancorp in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

First Seacoast Bancorp Trading Down 2.3%

The stock has a market capitalization of $56.79 million, a P/E ratio of -50.45 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 stock’s 50 day moving average price is $12.92 and its 200-day moving average price is $12.44.

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