Sound Financial Bancorp (NASDAQ:SFBC) Shares Gap Down to $30.00
Shares of Sound Financial Bancorp Inc (NASDAQ:SFBC) gapped down prior to trading on Monday . The stock had previously closed at $30.00, but opened at $28.70. Sound Financial Bancorp shares last traded at $28.34, with a volume of 300 shares trading hands.
The company’s 50 day simple moving average is $27.61 and its 200 day simple moving average is $25.52. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.19 and a quick ratio of 1.18. The firm has a market cap of $75.15 million, a price-to-earnings ratio of 11.49 and a beta of 1.04.
Sound Financial Bancorp (NASDAQ:SFBC) last posted its quarterly earnings results on Friday, July 24th. The bank reported $0.82 earnings per share (EPS) for the quarter. Sound Financial Bancorp had a return on equity of 8.36% and a net margin of 16.62%. The company had revenue of $8.48 million for the quarter.
Several large investors have recently made changes to their positions in the business. Financial Insights Inc. purchased a new stake in shares of Sound Financial Bancorp in the 2nd quarter valued at approximately $211,000. Wexford Capital LP purchased a new stake in shares of Sound Financial Bancorp in the 2nd quarter valued at approximately $43,000. Wasatch Advisors Inc. increased its position in shares of Sound Financial Bancorp by 3.5% in the 2nd quarter. Wasatch Advisors Inc. now owns 106,813 shares of the bank’s stock valued at $2,538,000 after purchasing an additional 3,618 shares during the last quarter. M3F Inc. increased its position in shares of Sound Financial Bancorp by 5.0% in the 2nd quarter. M3F Inc. now owns 107,031 shares of the bank’s stock valued at $2,585,000 after purchasing an additional 5,052 shares during the last quarter. Finally, Stilwell Value LLC increased its position in shares of Sound Financial Bancorp by 5.8% in the 2nd quarter. Stilwell Value LLC now owns 254,600 shares of the bank’s stock valued at $6,149,000 after purchasing an additional 14,000 shares during the last quarter. 40.47% of the stock is currently owned by institutional investors.
Sound Financial Bancorp Company Profile (NASDAQ:SFBC)
Sound Financial Bancorp, Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It accepts various deposits products comprising savings accounts, money market deposit accounts, NOW accounts, demand accounts, certificates of deposit, and checking accounts.
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