IF Bancorp (NASDAQ:IROQ) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Shares of IF Bancorp, Inc. (NASDAQ:IROQ) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.25 and traded as high as $26.82. IF Bancorp shares last traded at $26.75, with a volume of 3,347 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of IF Bancorp in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, IF Bancorp has an average rating of “Hold”.

IF Bancorp Price Performance

The stock has a fifty day moving average of $26.25 and a 200 day moving average of $25.56. The stock has a market cap of $89.61 million, a price-to-earnings ratio of 17.04 and a beta of 0.20. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.90 and a quick ratio of 0.90.

IF Bancorp (NASDAQ:IROQ) last issued its quarterly earnings results on Wednesday, November 12th. The savings and loans company reported $0.43 earnings per share for the quarter. IF Bancorp had a net margin of 10.49% and a return on equity of 6.30%. The company had revenue of $7.33 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in IF Bancorp stock. Vanguard Group Inc. raised its stake in shares of IF Bancorp, Inc. (NASDAQ:IROQ) by 1.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 74,830 shares of the savings and loans company’s stock after buying an additional 1,000 shares during the period. Vanguard Group Inc. owned about 2.23% of IF Bancorp worth $1,932,000 at the end of the most recent quarter. 44.11% of the stock is owned by hedge funds and other institutional investors.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans.