Firstsun Capital Bancorp (NASDAQ:FSUN) Shares Gap Down – Here’s What Happened

Posted by Denise Randall on Dec 4th, 2024

Firstsun Capital Bancorp (NASDAQ:FSUN – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $37.92, but opened at $37.11. Firstsun Capital Bancorp shares last traded at $38.05, with a volume of 7,991 shares changing hands.

Analyst Ratings Changes

Separately, Raymond James raised Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a report on Tuesday, November 19th.

View Our Latest Research Report on Firstsun Capital Bancorp

Firstsun Capital Bancorp Price Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.03 and a quick ratio of 1.02. The stock’s fifty day simple moving average is $39.01.

Institutional Trading of Firstsun Capital Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSUN. Fourthstone LLC acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth about $13,846,000. Philadelphia Financial Management of San Francisco LLC acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth about $873,000. Geode Capital Management LLC acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth about $3,066,000. State Street Corp acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth about $1,367,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth about $2,816,000.

Firstsun Capital Bancorp Company Profile

(Get Free Report)

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.