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

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.47 and traded as high as $39.00. First Capital shares last traded at $38.46, with a volume of 5,288 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on First Capital in a research note on Saturday. They set a “hold” rating for the company.

First Capital Price Performance

The company has a 50-day simple moving average of $33.70 and a 200-day simple moving average of $33.47. The stock has a market cap of $128.92 million, a PE ratio of 10.77 and a beta of 0.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.02%. The ex-dividend date is Friday, March 14th. First Capital’s payout ratio is 32.49%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Siena Capital Partners GP LLC raised its position in First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock worth $3,602,000 after acquiring an additional 15,277 shares in the last quarter. Fourthstone LLC acquired a new stake in First Capital in the fourth quarter valued at $1,824,000. Truffle Hound Capital LLC acquired a new stake in First Capital in the fourth quarter valued at $1,193,000. Geode Capital Management LLC grew its holdings in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its holdings in First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock valued at $949,000 after purchasing an additional 675 shares during the last quarter. Hedge funds and other institutional investors own 11.65% of the company’s stock.

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.