IF Bancorp (NASDAQ:IROQ) Stock Price 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 $26.63 and traded as high as $27.93. IF Bancorp shares last traded at $27.38, with a volume of 30,456 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of IF Bancorp in a research note on Thursday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

IF Bancorp Price Performance

The business has a fifty day moving average price of $26.63 and a 200 day moving average price of $25.82. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $91.72 million, a price-to-earnings ratio of 17.44 and a beta of 0.20.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in IF Bancorp stock. Alliancebernstein L.P. increased its position in shares of IF Bancorp, Inc. (NASDAQ:IROQ) by 35.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,571 shares of the savings and loans company’s stock after purchasing an additional 30,372 shares during the period. Alliancebernstein L.P. owned 3.48% of IF Bancorp worth $3,016,000 at the end of the most recent quarter. 44.11% of the stock is currently owned by institutional investors.

About IF Bancorp

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.