IF Bancorp (NASDAQ:IROQ) Share Price Passes Below 200-Day Moving Average of $16.41

IF Bancorp, Inc. (NASDAQ:IROQ)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.41 and traded as low as $16.28. IF Bancorp shares last traded at $16.28, with a volume of 8,515 shares traded.

IF Bancorp Stock Performance

The stock has a market capitalization of $54.59 million, a PE ratio of 26.69 and a beta of 0.52. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.91 and a quick ratio of 0.91. The business’s fifty day moving average price is $16.65 and its 200-day moving average price is $16.43.

IF Bancorp (NASDAQ:IROQ) last announced its quarterly earnings results on Tuesday, April 30th. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter. IF Bancorp had a net margin of 4.52% and a return on equity of 2.75%. The firm had revenue of $5.40 million for the quarter.

Institutional Investors Weigh In On IF Bancorp

A hedge fund recently raised its stake in IF Bancorp stock. Stilwell Value LLC boosted its stake in IF Bancorp, Inc. (NASDAQ:IROQ) by 87.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,736 shares of the savings and loans company’s stock after purchasing an additional 103,706 shares during the quarter. IF Bancorp comprises approximately 2.6% of Stilwell Value LLC’s portfolio, making the stock its 6th biggest holding. Stilwell Value LLC owned approximately 6.62% of IF Bancorp worth $3,302,000 as of its most recent SEC filing. 44.11% of the stock is currently owned by institutional investors and hedge funds.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.