First Capital (NASDAQ:FCAP) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $37.96 and traded as high as $45.48. First Capital shares last traded at $45.02, with a volume of 5,751 shares trading hands.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of First Capital in a report on Thursday, April 17th. They issued a “hold” rating for the company.

First Capital Trading Up 0.0%

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The business has a 50-day simple moving average of $45.55 and a two-hundred day simple moving average of $37.96. The stock has a market cap of $151.04 million, a price-to-earnings ratio of 12.61 and a beta of 0.67.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. The business had revenue of $11.43 million during the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

First Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.58%. First Capital’s dividend payout ratio is 31.69%.

Institutional Trading of First Capital

A number of hedge funds and other institutional investors have recently modified their holdings of FCAP. Jones Financial Companies Lllp increased its holdings in First Capital by 3,288.0% during the first quarter. Jones Financial Companies Lllp now owns 3,388 shares of the savings and loans company’s stock worth $129,000 after buying an additional 3,288 shares during the last quarter. Barlow Wealth Partners Inc. acquired a new position in shares of First Capital in the first quarter valued at approximately $200,000. Raymond James Financial Inc. acquired a new position in First Capital in the 4th quarter valued at $292,000. Empowered Funds LLC lifted its holdings in shares of 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 buying an additional 675 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of First Capital by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company’s stock valued at $636,000 after buying an additional 1,440 shares in the last quarter. Institutional investors and hedge funds 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.