Firstsun Capital Bancorp (NASDAQ:FSUN) Sees Strong Trading Volume – Time to Buy?

Shares of Firstsun Capital Bancorp (NASDAQ:FSUN) saw an uptick in trading volume on Tuesday . 31,904 shares changed hands during trading, an increase of 56% from the previous session’s volume of 20,498 shares.The stock last traded at $40.68 and had previously closed at $40.49.

Wall Street Analyst Weigh In

Separately, Raymond James initiated coverage on shares of Firstsun Capital Bancorp in a research note on Thursday, August 29th. They set a “market perform” rating on the stock.

Firstsun Capital Bancorp Stock Performance

The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $42.25.

Firstsun Capital Bancorp (NASDAQ:FSUN) last issued its earnings results on Monday, July 29th. The company reported $0.90 EPS for the quarter. Firstsun Capital Bancorp had a net margin of 16.45% and a return on equity of 9.42%. The company had revenue of $96.17 million during the quarter. Analysts predict that Firstsun Capital Bancorp will post 1.97 earnings per share for the current year.

About Firstsun Capital Bancorp

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.