Security National Financial (NASDAQ:SNFCA) Stock Crosses Above 50-Day Moving Average of $7.93

Shares of Security National Financial Co. (NASDAQ:SNFCA) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.93 and traded as high as $9.12. Security National Financial shares last traded at $8.91, with a volume of 28,686 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com downgraded Security National Financial from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 13th.

Security National Financial Stock Performance

The stock has a market capitalization of $215.45 million, a P/E ratio of 10.13 and a beta of 1.02. The stock has a 50 day moving average of $7.93 and a 200 day moving average of $7.72.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings data on Wednesday, August 14th. The credit services provider reported $0.30 EPS for the quarter. The firm had revenue of $85.79 million during the quarter. Security National Financial had a return on equity of 6.89% and a net margin of 6.72%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SNFCA. AJOVista LLC bought a new position in shares of Security National Financial in the fourth quarter worth $50,000. BNP Paribas Financial Markets grew its stake in shares of Security National Financial by 171.7% in the first quarter. BNP Paribas Financial Markets now owns 10,695 shares of the credit services provider’s stock worth $85,000 after purchasing an additional 6,759 shares in the last quarter. Panagora Asset Management Inc. acquired a new stake in shares of Security National Financial in the fourth quarter valued at $92,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Security National Financial in the second quarter valued at $103,000. Finally, Marshall Wace LLP acquired a new stake in shares of Security National Financial in the second quarter valued at $106,000. Institutional investors own 45.58% of the company’s stock.

Security National Financial Company Profile

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.