First Capital (NASDAQ:FCAP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

First Capital, Inc. (NASDAQ:FCAP)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.08 and traded as high as $34.91. First Capital shares last traded at $34.53, with a volume of 1,206 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on First Capital in a research report on Wednesday. They issued a “hold” rating for the company.

First Capital Trading Up 2.0 %

The firm has a market cap of $113.70 million, a PE ratio of 9.50 and a beta of 0.64. The business has a 50-day moving average price of $33.74 and a two-hundred day moving average price of $31.10. 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 (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The business had revenue of $10.68 million during the quarter.

First Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.42%. This is a positive change from First Capital’s previous quarterly dividend of $0.27. First Capital’s dividend payout ratio (DPR) is presently 32.49%.

Insider Activity at First Capital

In related news, Director John Shireman acquired 1,000 shares of the firm’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 completion of the purchase, the director now directly owns 1,000 shares in the company, valued at approximately $31,930. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 4.39% of the company’s stock.

Institutional Trading of First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 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.

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.