First Capital (NASDAQ:FCAP) Stock Passes Above 200 Day Moving Average of $27.51

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $27.51 and traded as high as $28.59. First Capital shares last traded at $28.03, with a volume of 1,452 shares.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of First Capital in a research note on Wednesday. They issued a “hold” rating for the company.

First Capital Trading Down 0.5 %

The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $94.01 million, a P/E ratio of 7.85 and a beta of 0.62. The company has a fifty day simple moving average of $28.23 and a two-hundred day simple moving average of $27.51.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.88 earnings per share for the quarter. First Capital had a return on equity of 12.47% and a net margin of 22.59%. The business had revenue of $10.50 million for the quarter.

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Thursday, March 14th. First Capital’s dividend payout ratio is 30.25%.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC lifted its position in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,460 shares of the savings and loans company’s stock after buying an additional 875 shares during the period. Empowered Funds LLC owned about 0.37% of First Capital worth $361,000 at the end of the most recent quarter. 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.