First Capital (NASDAQ:FCAP) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

First Capital, Inc. (NASDAQ:FCAP)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $34.20 and traded as high as $38.44. First Capital shares last traded at $38.15, with a volume of 3,176 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of First Capital in a report on Tuesday. They set a “hold” rating on the stock.

First Capital Trading Down 0.1 %

The firm has a market cap of $127.88 million, a price-to-earnings ratio of 10.69 and a beta of 0.52. The business has a fifty day moving average of $35.60 and a two-hundred day moving average of $34.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP) last posted 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.29 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a yield of 3.04%. First Capital’s payout ratio is 32.49%.

Institutional Trading of First Capital

Several institutional investors and hedge funds have recently modified their holdings of FCAP. Fourthstone LLC acquired a new stake in First Capital during the 4th quarter valued at $1,824,000. Truffle Hound Capital LLC purchased a new stake in shares of First Capital in the fourth quarter valued at $1,193,000. Commonwealth Equity Services LLC boosted its stake in shares of First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company’s stock valued at $688,000 after acquiring an additional 10,204 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in First Capital during the 4th quarter worth about $292,000. Finally, Geode Capital Management LLC raised its stake in 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 purchasing an additional 1,520 shares during the last quarter. Hedge funds and other 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.