Fifth District Bancorp, Inc. (NASDAQ:FDSB – Get Free Report) fell 0.3% on Wednesday. The stock traded as low as $17.66 and last traded at $17.60. Approximately 3,084 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 4,482 shares. The stock had previously closed at $17.66.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Fifth District Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on FDSB
Fifth District Bancorp Stock Performance
The company has a market cap of $92.22 million, a PE ratio of 51.77 and a beta of 0.24. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.05. The firm has a fifty day simple moving average of $17.77 and a 200-day simple moving average of $16.27.
Fifth District Bancorp (NASDAQ:FDSB – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.08 EPS for the quarter. Fifth District Bancorp had a return on equity of 1.27% and a net margin of 6.97%. The company had revenue of $3.96 million for the quarter.
Hedge Funds Weigh In On Fifth District Bancorp
A number of institutional investors have recently modified their holdings of the business. Waverly Advisors LLC purchased a new position in Fifth District Bancorp during the 2nd quarter worth $856,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Fifth District Bancorp in the second quarter valued at about $162,000. Finally, BlackRock Inc. acquired a new stake in shares of Fifth District Bancorp during the second quarter worth about $519,000.
Fifth District Bancorp Company Profile
Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank, a community-oriented savings institution headquartered in New Orleans, Louisiana. The bank provides traditional banking services to individuals, families, and businesses, including deposit accounts, residential mortgage lending, consumer loans, and commercial real estate and business lending.
Fifth District Savings Bank has served the New Orleans area for nearly a century, with roots dating to its founding in 1926.
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