FB Bancorp (NASDAQ:FBLA) Trading Up 0.1% – Should You Buy?

FB Bancorp, Inc. (NASDAQ:FBLA) was up 0.1% during trading on Monday . The stock traded as high as $14.19 and last traded at $14.09. Approximately 52,608 shares changed hands during trading, a decline of 69% from the average daily volume of 167,037 shares. The stock had previously closed at $14.07.

Wall Street Analyst Weigh In

Several research analysts have recently commented on FBLA shares. Wall Street Zen downgraded FB Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Weiss Ratings reiterated a “sell (d)” rating on shares of FB Bancorp in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

FB Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $239.73 million, a price-to-earnings ratio of 199.57 and a beta of -0.04. The company has a fifty day moving average of $13.52 and a two-hundred day moving average of $12.95.

FB Bancorp (NASDAQ:FBLA) last posted its quarterly earnings results on Wednesday, February 18th. The company reported ($0.08) EPS for the quarter. The business had revenue of $9.39 million for the quarter. FB Bancorp had a return on equity of 0.97% and a net margin of 1.48%.

Institutional Investors Weigh In On FB Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. R Squared Ltd grew its position in FB Bancorp by 3.1% during the 4th quarter. R Squared Ltd now owns 25,974 shares of the company’s stock worth $334,000 after acquiring an additional 789 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in FB Bancorp by 5.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,993 shares of the company’s stock worth $270,000 after acquiring an additional 1,050 shares during the last quarter. Mangrove Partners IM LLC grew its position in FB Bancorp by 1.0% during the 4th quarter. Mangrove Partners IM LLC now owns 144,020 shares of the company’s stock worth $1,851,000 after acquiring an additional 1,454 shares during the last quarter. Nuveen LLC grew its position in FB Bancorp by 6.3% during the 4th quarter. Nuveen LLC now owns 32,279 shares of the company’s stock worth $415,000 after acquiring an additional 1,908 shares during the last quarter. Finally, Barclays PLC grew its position in FB Bancorp by 11.0% during the 4th quarter. Barclays PLC now owns 27,911 shares of the company’s stock worth $359,000 after acquiring an additional 2,767 shares during the last quarter.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.