BayFirst Financial Corp. (NASDAQ:BAFN - Get Free Report)'s share price was down 0.8% during mid-day trading on Monday . The stock traded as low as $13.00 and last traded at $13.30. Approximately 1,573 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 8,121 shares. The stock had previously closed at $13.41.
BayFirst Financial Stock Performance
The company has a market cap of $55.13 million, a P/E ratio of 18.27 and a beta of 0.41. The business's 50 day simple moving average is $13.31 and its 200 day simple moving average is $12.98. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21.
BayFirst Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Sunday, December 1st were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.40%. The ex-dividend date was Friday, November 29th. BayFirst Financial's dividend payout ratio is currently 43.84%.
Institutional Investors Weigh In On BayFirst Financial
An institutional investor recently raised its position in BayFirst Financial stock. Geode Capital Management LLC grew its stake in shares of BayFirst Financial Corp. (NASDAQ:BAFN - Free Report) by 7.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,101 shares of the company's stock after buying an additional 2,490 shares during the period. Geode Capital Management LLC owned 0.87% of BayFirst Financial worth $475,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 16.88% of the stock is owned by institutional investors and hedge funds.
BayFirst Financial Company Profile
(
Get Free Report)
BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.
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