Firstsun Capital Bancorp (NASDAQ:FSUN) Sees Large Volume Increase - Here's What Happened

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 31,904 shares changed hands during trading, an increase of 56% from the previous session's volume of 20,498 shares.The stock last traded at $40.68 and had previously closed at $40.49.

Wall Street Analyst Weigh In

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

Firstsun Capital Bancorp Stock Performance

The firm's 50-day moving average is $42.22. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.02.

Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The company reported $0.90 EPS for the quarter. The business had revenue of $96.17 million for the quarter. Firstsun Capital Bancorp had a net margin of 16.45% and a return on equity of 9.42%. Sell-side analysts anticipate that Firstsun Capital Bancorp will post 1.97 earnings per share for the current year.

Firstsun Capital Bancorp Company Profile

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.