StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

Investment analysts at StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Thursday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Price Performance

Shares of NASDAQ FCAP opened at $36.37 on Thursday. The stock has a fifty day simple moving average of $34.33 and a two-hundred day simple moving average of $31.41. First Capital has a 1-year low of $24.27 and a 1-year high of $38.00. The firm has a market cap of $121.82 million, a price-to-earnings ratio of 10.30 and a beta of 0.64. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a return on equity of 11.08% and a net margin of 20.87%. The business had revenue of $10.93 million during the quarter.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC grew its stake in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the period. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 11.65% of the company’s stock.

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.