Affinity Bancshares, Inc. (NASDAQ:AFBI - Get Free Report)'s stock price fell 1% during mid-day trading on Tuesday . The stock traded as low as $18.56 and last traded at $18.56. 4,317 shares traded hands during trading, a decline of 79% from the average session volume of 20,173 shares. The stock had previously closed at $18.75.
Affinity Bancshares Stock Up 4.4 %
The firm has a market cap of $126.57 million, a price-to-earnings ratio of 24.07 and a beta of 0.54. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.46. The firm has a 50 day moving average price of $18.69 and a 200-day moving average price of $20.50.
Affinity Bancshares (NASDAQ:AFBI - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The company reported $0.26 earnings per share (EPS) for the quarter. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in Affinity Bancshares by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company's stock worth $966,000 after purchasing an additional 1,684 shares in the last quarter. Barclays PLC purchased a new stake in Affinity Bancshares during the 3rd quarter worth about $39,000. Walleye Capital LLC increased its position in Affinity Bancshares by 13.1% during the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company's stock worth $463,000 after purchasing an additional 2,500 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Affinity Bancshares during the 3rd quarter worth about $59,000. Finally, Northern Trust Corp increased its position in Affinity Bancshares by 52.5% during the 4th quarter. Northern Trust Corp now owns 15,345 shares of the company's stock worth $269,000 after purchasing an additional 5,283 shares in the last quarter. Institutional investors and hedge funds own 39.31% of the company's stock.
About Affinity Bancshares
(
Get Free Report)
Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.
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