First Savings Financial Group (NASDAQ:FSFG) Stock Crosses Above 200-Day Moving Average – Should You Sell?

First Savings Financial Group, Inc. (NASDAQ:FSFG) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.00 and traded as high as $33.98. First Savings Financial Group shares last traded at $33.98, with a volume of 117,600 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of First Savings Financial Group in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $32.33.

First Savings Financial Group Stock Performance

The company has a quick ratio of 1.12, a current ratio of 1.15 and a debt-to-equity ratio of 2.41. The stock has a fifty day moving average price of $33.10 and a two-hundred day moving average price of $31.00. The company has a market capitalization of $238.37 million, a price-to-earnings ratio of 10.27 and a beta of 0.45.

Institutional Investors Weigh In On First Savings Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of FSFG. Federated Hermes Inc. lifted its stake in shares of First Savings Financial Group by 73.4% during the third quarter. Federated Hermes Inc. now owns 846 shares of the bank’s stock valued at $27,000 after buying an additional 358 shares during the period. Vanguard Group Inc. raised its holdings in First Savings Financial Group by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 283,020 shares of the bank’s stock valued at $8,895,000 after acquiring an additional 744 shares during the last quarter. Barclays PLC lifted its stake in shares of First Savings Financial Group by 8.5% during the 4th quarter. Barclays PLC now owns 10,607 shares of the bank’s stock worth $338,000 after purchasing an additional 831 shares during the period. Russell Investments Group Ltd. purchased a new position in shares of First Savings Financial Group during the 3rd quarter worth $27,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of First Savings Financial Group during the second quarter worth $26,000. 35.22% of the stock is currently owned by hedge funds and other institutional investors.

First Savings Financial Group Company Profile

First Savings Financial Group, Inc is a bank holding company headquartered in Fairfield, Iowa, serving as the parent of First Savings Bank. The company operates as a community-based financial services provider, offering banking and financial products to individuals, small businesses, and agricultural clients in its regional markets.

Through its subsidiary First Savings Bank, the company delivers a suite of deposit and lending solutions that includes checking and savings accounts, consumer and residential mortgage loans, commercial and agricultural lending, and treasury management services.