Fifth District Savings Bank (NASDAQ:FDSB) Trading 2.2% Higher – Still a Buy?

Fifth District Savings Bank (NASDAQ:FDSBGet Free Report)’s stock price traded up 2.2% during mid-day trading on Thursday . The stock traded as high as $12.67 and last traded at $12.55. 16,415 shares changed hands during mid-day 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 Up 2.2 %

The stock’s 50 day moving average price is $11.94. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.05.

Institutional Investors Weigh In On Fifth District Savings Bank

Hedge funds have recently bought and sold shares of the company. Creative Planning acquired a new stake in Fifth District Savings Bank in the 3rd quarter valued at about $622,000. Fourthstone LLC bought a new position in Fifth District Savings Bank in the 3rd quarter valued at about $1,058,000. Finally, Geode Capital Management LLC bought a new position in Fifth District Savings Bank in the 3rd quarter valued at about $492,000.

About Fifth District Savings Bank

(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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