1st Colonial Bancorp (OTCMKTS:FCOB) Shares Down 2% – Here’s Why

Shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) traded down 2% during trading on Monday . The company traded as low as $14.50 and last traded at $14.50. 1,200 shares were traded during trading, a decline of 76% from the average session volume of 4,905 shares. The stock had previously closed at $14.80.

1st Colonial Bancorp Stock Down 2.0 %

The company’s 50-day simple moving average is $15.07 and its two-hundred day simple moving average is $15.33. The firm has a market capitalization of $69.44 million, a P/E ratio of 9.48 and a beta of 0.70. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.02 and a quick ratio of 1.00.

1st Colonial Bancorp (OTCMKTS:FCOB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $0.37 EPS for the quarter. 1st Colonial Bancorp had a return on equity of 10.74% and a net margin of 16.64%. The firm had revenue of $7.11 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in 1st Colonial Bancorp stock. Fulton Bank N.A. lifted its stake in shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) by 120.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,165 shares of the company’s stock after acquiring an additional 38,396 shares during the quarter. Fulton Bank N.A. owned approximately 1.47% of 1st Colonial Bancorp worth $1,088,000 at the end of the most recent reporting period. Institutional investors own 13.44% of the company’s stock.

1st Colonial Bancorp Company Profile

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.