Kentucky First Federal Bancorp (NASDAQ:KFFB) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Kentucky First Federal Bancorp (NASDAQ:KFFB) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.85 and traded as low as $2.50. Kentucky First Federal Bancorp shares last traded at $2.66, with a volume of 5,505 shares changing hands.

Kentucky First Federal Bancorp Price Performance

The stock has a market capitalization of $21.48 million, a price-to-earnings ratio of -18.97 and a beta of -0.01. The business’s fifty day moving average price is $2.59 and its 200-day moving average price is $2.85. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 1.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Kentucky First Federal Bancorp stock. TI Trust Inc. acquired a new stake in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 96,103 shares of the savings and loans company’s stock, valued at approximately $286,000. TI Trust Inc. owned about 1.19% of Kentucky First Federal Bancorp at the end of the most recent reporting period. 3.16% of the stock is currently owned by institutional investors and hedge funds.

About Kentucky First Federal Bancorp

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. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.