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

Firstsun Capital Bancorp (NASDAQ:FSUNGet Free Report) shares saw an uptick in trading volume on Tuesday . 10,662 shares traded hands during mid-day trading, a decline of 65% from the previous session’s volume of 30,397 shares.The stock last traded at $37.69 and had previously closed at $36.95.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Analysis on Firstsun Capital Bancorp

Firstsun Capital Bancorp Price Performance

The stock has a 50-day moving average price of $38.61. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28.

Institutional Investors Weigh In On Firstsun Capital Bancorp

Large investors have recently made changes to their positions in the company. Wellington Management Group LLP acquired a new stake in Firstsun Capital Bancorp in the third quarter valued at approximately $103,024,000. Public Employees Retirement System of Ohio bought a new stake in Firstsun Capital Bancorp in the third quarter worth $42,772,000. Fourthstone LLC acquired a new position in Firstsun Capital Bancorp during the third quarter worth $13,846,000. Geode Capital Management LLC acquired a new position in Firstsun Capital Bancorp during the third quarter worth $3,066,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Firstsun Capital Bancorp during the third quarter valued at about $2,816,000.

Firstsun Capital Bancorp Company Profile

(Get Free Report)

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.

Further Reading

Receive News & Ratings for Firstsun Capital Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Firstsun Capital Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.