Firstsun Capital Bancorp (NASDAQ:FSUN) Shares Gap Down - Time to Sell?

Shares of Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) 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.

Analysts Set New Price Targets

Separately, Raymond James began coverage on shares of Firstsun Capital Bancorp in a research note on Thursday, August 29th. They issued a "market perform" rating on the stock.

Firstsun Capital Bancorp Trading Up 0.1 %

The business's 50 day simple moving average is $40.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.01 and a current ratio of 1.03.

Institutional Investors Weigh In On Firstsun Capital Bancorp

A number of hedge funds have recently made changes to their positions in the business. Philadelphia Financial Management of San Francisco LLC bought a new position in Firstsun Capital Bancorp in the 3rd quarter valued at about $873,000. State Street Corp acquired a new stake in shares of Firstsun Capital Bancorp in the 3rd quarter worth approximately $1,367,000. Charles Schwab Investment Management Inc. bought a new position in shares of Firstsun Capital Bancorp in the third quarter valued at approximately $2,816,000. Fourthstone LLC acquired a new position in shares of Firstsun Capital Bancorp during the third quarter valued at approximately $13,846,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Firstsun Capital Bancorp during the third quarter valued at approximately $42,772,000.

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.