First Capital (NASDAQ:FCAP) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

First Capital, Inc. (NASDAQ:FCAP) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.38 and traded as high as $59.06. First Capital shares last traded at $58.92, with a volume of 7,229 shares.

Analyst Ratings Changes

FCAP has been the topic of several recent research reports. Wall Street Zen raised shares of First Capital to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of First Capital in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, First Capital presently has an average rating of “Hold”.

First Capital Trading Up 10.3%

The stock has a market capitalization of $197.38 million, a price-to-earnings ratio of 12.02 and a beta of 0.64. The firm’s fifty day moving average price is $55.27 and its 200 day moving average price is $46.38.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, January 23rd. The savings and loans company reported $1.46 earnings per share (EPS) for the quarter. First Capital had a return on equity of 12.95% and a net margin of 25.06%.The company had revenue of $13.49 million for the quarter.

First Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, December 12th. First Capital’s dividend payout ratio (DPR) is 25.31%.

Institutional Trading of First Capital

Several hedge funds have recently made changes to their positions in FCAP. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of First Capital in the second quarter valued at approximately $28,000. CWM LLC purchased a new position in First Capital in the 2nd quarter valued at approximately $31,000. Farther Finance Advisors LLC acquired a new position in shares of First Capital in the second quarter worth $44,000. JPMorgan Chase & Co. increased its position in shares of First Capital by 30,940.0% during the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock worth $64,000 after acquiring an additional 1,547 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of First Capital in the second quarter valued at $74,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.