Kentucky First Federal Bancorp (NASDAQ:KFFB) Stock Price Crosses Below 200 Day Moving Average of $7.43

Kentucky First Federal Bancorp (NASDAQ:KFFB – Get Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.43 and traded as low as $7.39. Kentucky First Federal Bancorp shares last traded at $7.39, with a volume of 18,809 shares traded.

Separately, TheStreet downgraded Kentucky First Federal Bancorp from a “b-” rating to a “c” rating in a research note on Tuesday, March 29th.

The firm has a 50 day moving average price of $7.33 and a 200 day moving average price of $7.43. The company has a quick ratio of 1.32, a current ratio of 1.33 and a debt-to-equity ratio of 0.77. The stock has a market cap of $60.73 million, a P/E ratio of 29.56 and a beta of 0.42.

Kentucky First Federal Bancorp (NASDAQ:KFFB – Get Rating) last posted its quarterly earnings data on Monday, May 2nd. The savings and loans company reported $0.04 EPS for the quarter. Kentucky First Federal Bancorp had a return on equity of 3.95% and a net margin of 17.18%. The firm had revenue of $2.23 million for the quarter.

The company also recently declared a quarterly dividend, which was paid on Monday, May 16th. Shareholders of record on Friday, April 29th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 5.41%. The ex-dividend date was Thursday, April 28th. Kentucky First Federal Bancorp’s dividend payout ratio is presently 160.01%.

An institutional investor recently raised its position in Kentucky First Federal Bancorp stock. BlackRock Inc. raised its position in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB – Get Rating) by 22.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,582 shares of the savings and loans company’s stock after purchasing an additional 2,143 shares during the period. BlackRock Inc. owned about 0.14% of Kentucky First Federal Bancorp worth $83,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.89% of the company’s stock.

About Kentucky First Federal Bancorp (NASDAQ:KFFB)

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. The company accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.

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