First Capital (NASDAQ:FCAP) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of First Capital, Inc. (NASDAQ:FCAP) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $34.20 and traded as high as $38.44. First Capital shares last traded at $38.15, with a volume of 3,176 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on First Capital in a research report on Tuesday. They set a “hold” rating for the company.

First Capital Trading Up 0.1 %

The firm has a market cap of $128.21 million, a price-to-earnings ratio of 10.71 and a beta of 0.52. The business has a 50 day moving average of $35.73 and a 200 day moving average of $34.24. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29.

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

First Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.03%. The ex-dividend date was Friday, March 14th. First Capital’s dividend payout ratio (DPR) is 32.49%.

Institutional Trading of First Capital

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in First Capital in the 4th quarter valued at about $292,000. Empowered Funds LLC raised its stake in First Capital by 4.8% during the fourth quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company’s stock worth $469,000 after purchasing an additional 675 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock valued at $636,000 after purchasing an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of First Capital by 91.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after buying an additional 10,204 shares during the period. Finally, Bridgeway Capital Management LLC increased its holdings in shares of First Capital by 2.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after buying an additional 675 shares during the last quarter. 11.65% of the stock is owned by institutional investors and hedge funds.

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.