First Capital (NASDAQ:FCAP) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $38.47 and traded as high as $43.94. First Capital shares last traded at $43.44, with a volume of 5,734 shares traded.

Analyst Ratings Changes

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

First Capital Stock Performance

The firm’s 50-day moving average price is $46.20 and its two-hundred day moving average price is $38.47. The firm has a market capitalization of $145.96 million, a price-to-earnings ratio of 11.87 and a beta of 0.67.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, April 25th. The savings and loans company reported $0.97 earnings per share for the quarter. First Capital had a net margin of 20.51% and a return on equity of 10.64%. The business had revenue of $11.43 million for the quarter.

First Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.16 dividend on an annualized basis and a yield of 2.67%. First Capital’s dividend payout ratio (DPR) is presently 31.69%.

Hedge Funds Weigh In On First Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FCAP. Fourthstone LLC acquired a new position in First Capital in the fourth quarter valued at about $1,824,000. Truffle Hound Capital LLC acquired a new position in First Capital in the fourth quarter valued at about $1,193,000. Commonwealth Equity Services LLC boosted its position in First Capital by 91.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after buying an additional 10,204 shares in the last quarter. Raymond James Financial Inc. acquired a new position in First Capital in the fourth quarter valued at about $292,000. Finally, Barlow Wealth Partners Inc. acquired a new position in First Capital in the first quarter valued at about $200,000. 11.65% of the stock is currently owned by institutional investors and hedge funds.

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.