Sound Financial Bancorp (NASDAQ:SFBC) Shares Gap Down to $30.00
Sound Financial Bancorp Inc (NASDAQ:SFBC) shares gapped down prior to trading on Monday . The stock had previously closed at $30.00, but opened at $28.70. Sound Financial Bancorp shares last traded at $28.34, with a volume of 300 shares traded.
The stock has a market capitalization of $75.15 million, a P/E ratio of 11.49 and a beta of 1.04. The company has a current ratio of 1.19, a quick ratio of 1.18 and a debt-to-equity ratio of 1.09. The company has a 50-day moving average price of $27.61 and a 200 day moving average price of $25.52.
Sound Financial Bancorp (NASDAQ:SFBC) last announced its earnings results on Friday, July 24th. The bank reported $0.82 earnings per share for the quarter. Sound Financial Bancorp had a return on equity of 8.36% and a net margin of 16.62%. The firm had revenue of $8.48 million for the quarter.
Hedge funds have recently made changes to their positions in the stock. Wexford Capital LP purchased a new position in Sound Financial Bancorp during the 2nd quarter worth $43,000. Financial Insights Inc. purchased a new stake in Sound Financial Bancorp during the 2nd quarter valued at about $211,000. M3F Inc. grew its stake in Sound Financial Bancorp by 3.7% during the 1st quarter. M3F Inc. now owns 101,979 shares of the bank’s stock valued at $2,143,000 after purchasing an additional 3,653 shares during the last quarter. Wasatch Advisors Inc. grew its stake in Sound Financial Bancorp by 3.5% during the 2nd quarter. Wasatch Advisors Inc. now owns 106,813 shares of the bank’s stock valued at $2,538,000 after purchasing an additional 3,618 shares during the last quarter. Finally, Stilwell Value LLC grew its stake in Sound Financial Bancorp by 12.1% during the 1st quarter. Stilwell Value LLC now owns 240,600 shares of the bank’s stock valued at $5,134,000 after purchasing an additional 26,000 shares during the last quarter. Hedge funds and other institutional investors own 40.47% of the company’s stock.
Sound Financial Bancorp Company Profile (NASDAQ:SFBC)
Sound Financial Bancorp, Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It accepts various deposits products comprising savings accounts, money market deposit accounts, NOW accounts, demand accounts, certificates of deposit, and checking accounts.
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