Kentucky First Federal Bancorp (NASDAQ:KFFB) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Kentucky First Federal Bancorp (NASDAQ:KFFB) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.71 and traded as high as $4.90. Kentucky First Federal Bancorp shares last traded at $4.8160, with a volume of 900 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Kentucky First Federal Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kentucky First Federal Bancorp Price Performance

The stock has a fifty day moving average of $4.71 and a 200-day moving average of $4.61. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $38.96 million, a price-to-earnings ratio of 28.33 and a beta of 0.15.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last announced its quarterly earnings results on Wednesday, May 13th. The savings and loans company reported $0.07 EPS for the quarter. The company had revenue of $3.01 million for the quarter. Kentucky First Federal Bancorp had a net margin of 6.67% and a return on equity of 2.87%.

Institutional Trading of Kentucky First Federal Bancorp

A hedge fund recently bought a new position in Kentucky First Federal Bancorp stock. Farmers National Bank bought a new stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 22,081 shares of the savings and loans company’s stock, valued at approximately $103,000. Farmers National Bank owned 0.27% of Kentucky First Federal Bancorp as of its most recent SEC filing. 3.16% of the stock is currently owned by hedge funds and other institutional investors.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.