Firstsun Capital Bancorp (NASDAQ:FSUN) Shares Gap Down – Time to Sell?

Firstsun Capital Bancorp (NASDAQ:FSUN) gapped down prior to trading on Friday . The stock had previously closed at $36.25, but opened at $35.22. Firstsun Capital Bancorp shares last traded at $35.98, with a volume of 3,436 shares changing hands.

Analyst Ratings Changes

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

Firstsun Capital Bancorp Trading Down 1.0 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.03. The stock’s 50-day simple moving average is $40.45.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Firstsun Capital Bancorp stock. Fourthstone LLC bought a new position in shares of Firstsun Capital Bancorp (NASDAQ:FSUN) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 325,035 shares of the company’s stock, valued at approximately $13,846,000. Firstsun Capital Bancorp accounts for about 3.1% of Fourthstone LLC’s investment portfolio, making the stock its 9th biggest position. Fourthstone LLC owned 1.17% of Firstsun Capital Bancorp at the end of the most recent reporting period.

Firstsun Capital Bancorp Company Profile

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.