First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $31.79 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $106.59 million, a PE ratio of 8.90 and a beta of 0.63. The firm’s 50 day moving average price is $30.76 and its 200-day moving average price is $29.42. First Capital has a twelve month low of $22.95 and a twelve month high of $33.89.

First Capital (NASDAQ:FCAP) last released its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. The business had revenue of $10.68 million for the quarter. First Capital had a net margin of 22.04% and a return on equity of 12.01%.

Insider Transactions at First Capital

In related news, Director John Shireman acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the purchase, the director now owns 1,000 shares in the company, valued at approximately $31,930. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.39% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC raised its holdings in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the quarter. Empowered Funds LLC owned approximately 0.37% of First Capital worth $361,000 as of its most recent SEC filing. 11.65% of the stock is currently owned by institutional investors.

About First Capital

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.