1st Colonial Bancorp (OTCMKTS:FCOB) Trading Down 0.1% – What’s Next?

1st Colonial Bancorp Inc. (OTCMKTS:FCOB)’s stock price traded down 0.1% during mid-day trading on Friday . The company traded as low as $18.56 and last traded at $18.6846. 2,440 shares traded hands during trading, a decline of 85% from the average session volume of 16,360 shares. The stock had previously closed at $18.70.

1st Colonial Bancorp Trading Down 0.1%

The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.90. The business has a fifty day moving average of $18.18 and a 200-day moving average of $16.78. The stock has a market capitalization of $89.85 million, a price-to-earnings ratio of 11.83 and a beta of 0.11.

1st Colonial Bancorp (OTCMKTS:FCOB) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $0.38 earnings per share for the quarter. 1st Colonial Bancorp had a net margin of 15.95% and a return on equity of 10.58%. The company had revenue of $8.06 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 1st Colonial Bancorp stock. FNY Investment Advisers LLC purchased a new stake in 1st Colonial Bancorp Inc. (OTCMKTS:FCOB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,579 shares of the company’s stock, valued at approximately $90,000. FNY Investment Advisers LLC owned approximately 0.12% of 1st Colonial Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 13.44% of the company’s stock.

1st Colonial Bancorp Company Profile

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.