First Capital (NASDAQ:FCAP) Stock Crosses Above 200-Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.93 and traded as high as $49.74. First Capital shares last traded at $48.70, with a volume of 5,681 shares traded.

Analyst Ratings Changes

Separately, Wall Street Zen initiated coverage on shares of First Capital in a research report on Thursday, April 17th. They set a “hold” rating on the stock.

First Capital Trading Down 1.5%

The firm has a market cap of $163.39 million, a PE ratio of 13.64 and a beta of 0.71. The company’s fifty day moving average price is $43.48 and its two-hundred day moving average price is $36.93. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, April 25th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. The company had revenue of $11.43 million for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

First Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Friday, June 13th. First Capital’s dividend payout ratio is presently 31.69%.

Hedge Funds Weigh In On First Capital

Institutional investors have recently modified their holdings of the company. Fourthstone LLC acquired a new position in First Capital during the fourth quarter worth approximately $1,824,000. Truffle Hound Capital LLC acquired a new position in First Capital during the fourth quarter worth approximately $1,193,000. Commonwealth Equity Services LLC increased its position in First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock worth $688,000 after purchasing an additional 10,204 shares during the last quarter. Raymond James Financial Inc. acquired a new position in First Capital during the fourth quarter worth approximately $292,000. Finally, Barlow Wealth Partners Inc. acquired a new position in First Capital during the first quarter worth approximately $200,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.