Fifth District Savings Bank (NASDAQ:FDSB) Stock Price Down 0.1% – What’s Next?

Fifth District Savings Bank (NASDAQ:FDSB) dropped 0.1% on Monday . The stock traded as low as $12.31 and last traded at $12.31. Approximately 8,467 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 32,640 shares. The stock had previously closed at $12.32.

Fifth District Savings Bank Trading Down 1.9 %

The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.05. The business has a 50 day simple moving average of $12.66 and a 200-day simple moving average of $11.94.

Institutional Trading of Fifth District Savings Bank

Several hedge funds have recently bought and sold shares of FDSB. Fourthstone LLC acquired a new stake in shares of Fifth District Savings Bank in the third quarter valued at approximately $1,058,000. Stilwell Value LLC lifted its position in Fifth District Savings Bank by 87.7% in the fourth quarter. Stilwell Value LLC now owns 80,000 shares of the company’s stock worth $1,010,000 after purchasing an additional 37,368 shares during the period. Geode Capital Management LLC increased its position in shares of Fifth District Savings Bank by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 48,333 shares of the company’s stock valued at $612,000 after purchasing an additional 891 shares during the period. Alliancebernstein L.P. raised its stake in shares of Fifth District Savings Bank by 21.9% in the 4th quarter. Alliancebernstein L.P. now owns 25,578 shares of the company’s stock worth $323,000 after buying an additional 4,588 shares in the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of Fifth District Savings Bank in the fourth quarter valued at $139,000.

About Fifth District Savings Bank

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.