1st Colonial Bancorp (OTCMKTS:FCOB) Trading Down 0.3% – What’s Next?

Shares of 1st Colonial Bancorp Inc. (OTCMKTS:FCOB) traded down 0.3% during mid-day trading on Monday . The company traded as low as $20.10 and last traded at $20.10. 3,240 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 12,234 shares. The stock had previously closed at $20.16.

1st Colonial Bancorp Price Performance

The firm has a market cap of $98.69 million and a P/E ratio of 12.72. The business has a 50-day simple moving average of $19.21 and a 200 day simple moving average of $17.78. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 0.95.

1st Colonial Bancorp (OTCMKTS:FCOB) last posted its earnings results on Wednesday, October 22nd. The company reported $0.38 earnings per share (EPS) for the quarter. 1st Colonial Bancorp had a return on equity of 10.45% and a net margin of 15.95%.The firm had revenue of $8.06 million for the quarter.

Hedge Funds Weigh In On 1st Colonial Bancorp

A hedge fund recently bought a new stake in 1st Colonial Bancorp stock. FNY Investment Advisers LLC acquired a new position in 1st Colonial Bancorp Inc. (OTCMKTS:FCOB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,579 shares of the company’s stock, valued at approximately $90,000. FNY Investment Advisers LLC owned 0.12% of 1st Colonial Bancorp at the end of the most recent reporting period. Hedge funds and other institutional investors own 13.44% of the company’s stock.

About 1st Colonial Bancorp

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. It also provides home equity loans, home equity lines of credit, personal and vehicle loans, residential and commercial mortgages, construction loans, business lines of credit, equipment and vehicle financing, real estate loans, working capital line of credit, and business acquisition loans, as well as small business administration loans.