Firstsun Capital Bancorp (NASDAQ:FSUN) Sees Unusually-High Trading Volume – Time to Buy?

Firstsun Capital Bancorp (NASDAQ:FSUN) saw an uptick in trading volume on Thursday . 25,706 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 31,522 shares.The stock last traded at $40.59 and had previously closed at $40.05.

Analyst Ratings Changes

Separately, Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a research note on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Performance

The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28. The stock’s 50 day simple moving average is $38.54.

Institutional Investors Weigh In On Firstsun Capital Bancorp

Large investors have recently made changes to their positions in the company. Philadelphia Financial Management of San Francisco LLC purchased a new stake in shares of Firstsun Capital Bancorp during the 3rd quarter worth approximately $873,000. State Street Corp bought a new stake in Firstsun Capital Bancorp in the third quarter worth $1,367,000. Charles Schwab Investment Management Inc. purchased a new stake in Firstsun Capital Bancorp during the third quarter valued at $2,816,000. Geode Capital Management LLC bought a new position in Firstsun Capital Bancorp during the third quarter valued at $3,066,000. Finally, Fourthstone LLC purchased a new position in shares of Firstsun Capital Bancorp in the 3rd quarter worth $13,846,000.

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.