First Capital (NASDAQ:FCAP) Share Price Passes Above 200 Day Moving Average – Here’s Why

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $33.21 and traded as high as $37.30. First Capital shares last traded at $36.76, with a volume of 2,119 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of First Capital in a research report on Friday. They set a “hold” rating for the company.

First Capital Stock Down 0.5 %

The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a 50 day simple moving average of $32.96 and a two-hundred day simple moving average of $33.21. The company has a market capitalization of $122.59 million, a P/E ratio of 10.24 and a beta of 0.56.

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

First Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.29 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a yield of 3.17%. First Capital’s payout ratio is 32.49%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FCAP. Siena Capital Partners GP LLC raised its holdings in shares of First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Fourthstone LLC purchased a new position in First Capital during the fourth quarter valued at approximately $1,824,000. Truffle Hound Capital LLC purchased a new position in shares of First Capital in the 4th quarter valued at $1,193,000. Geode Capital Management LLC increased its holdings in shares of First Capital by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after acquiring an additional 1,520 shares during the period. Finally, Bridgeway Capital Management LLC raised its position in shares of First Capital by 2.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company’s stock worth $949,000 after acquiring an additional 675 shares in the last quarter. Institutional investors own 11.65% of the company’s stock.

First Capital Company Profile

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.