Firstsun Capital Bancorp (NASDAQ:FSUN) Shares Gap Down – What’s Next?

Firstsun Capital Bancorp (NASDAQ:FSUN) shares gapped down before the market opened on Friday . The stock had previously closed at $36.25, but opened at $35.22. Firstsun Capital Bancorp shares last traded at $35.98, with a volume of 3,436 shares traded.

Analyst Ratings Changes

Separately, Raymond James assumed coverage on Firstsun Capital Bancorp in a research report on Thursday, August 29th. They set a “market perform” rating on the stock.

Firstsun Capital Bancorp Price Performance

The business’s 50 day simple moving average is $40.20. The company has a current ratio of 1.03, a quick ratio of 1.01 and a debt-to-equity ratio of 0.28.

Institutional Investors Weigh In On Firstsun Capital Bancorp

Several hedge funds have recently bought and sold shares of the company. Philadelphia Financial Management of San Francisco LLC acquired a new position in Firstsun Capital Bancorp during the third quarter worth approximately $873,000. State Street Corp bought a new position in Firstsun Capital Bancorp during the third quarter worth $1,367,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Firstsun Capital Bancorp in the third quarter valued at $2,816,000. Geode Capital Management LLC bought a new position in shares of Firstsun Capital Bancorp in the third quarter valued at about $3,066,000. Finally, Fourthstone LLC acquired a new stake in shares of Firstsun Capital Bancorp during the 3rd quarter worth about $13,846,000.

About Firstsun Capital Bancorp

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.