Fifth District Savings Bank (NASDAQ:FDSB) Stock Price Up 2.2% – Here’s What Happened

Fifth District Savings Bank (NASDAQ:FDSBGet Free Report) traded up 2.2% on Thursday . The company traded as high as $12.67 and last traded at $12.55. 16,415 shares changed hands during trading, a decline of 58% from the average session volume of 39,336 shares. The stock had previously closed at $12.28.

Fifth District Savings Bank Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.05. The business’s 50-day moving average price is $11.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FDSB. Geode Capital Management LLC acquired a new stake in Fifth District Savings Bank in the third quarter valued at approximately $492,000. Creative Planning acquired a new stake in shares of Fifth District Savings Bank in the 3rd quarter worth $622,000. Finally, Fourthstone LLC purchased a new position in Fifth District Savings Bank during the 3rd quarter worth $1,058,000.

Fifth District Savings Bank Company Profile

(Get Free Report)

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.

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