First Capital (NASDAQ:FCAP) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

First Capital stock opened at $34.96 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. First Capital has a 12 month low of $22.95 and a 12 month high of $38.00. The company has a fifty day moving average price of $32.23 and a two-hundred day moving average price of $30.27. The company has a market cap of $117.22 million, a PE ratio of 10.03 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 EPS for the quarter. The business had revenue of $10.68 million during the quarter. First Capital had a net margin of 22.04% and a return on equity of 11.78%.

Insider Buying and Selling

In other news, Director John Shireman acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average price of $31.93 per share, with a total value of $31,930.00. Following the acquisition, the director now directly owns 1,000 shares in the company, valued at $31,930. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.39% of the stock is owned by company insiders.

Hedge Funds Weigh In On First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Capital, Inc. (NASDAQ:FCAP) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. 11.65% of the stock is owned by institutional investors and hedge funds.

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.