First Capital (NASDAQ:FCAP) Stock Crosses Above 200 Day Moving Average - Here's Why

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 First Capital in a research report on Tuesday. They issued a "hold" rating on the stock.

First Capital Trading Up 0.3 %

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market cap of $127.54 million, a P/E ratio of 10.66 and a beta of 0.52. The stock has a 50-day moving average price of $36.09 and a 200-day moving average price of $34.35.

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

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, March 14th. First Capital's dividend payout ratio is currently 32.49%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FCAP. Raymond James Financial Inc. bought a new stake in First Capital during the fourth quarter worth about $292,000. Empowered Funds LLC raised its holdings in shares of First Capital by 4.8% during the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock valued at $469,000 after buying an additional 675 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in First Capital by 7.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock worth $636,000 after buying an additional 1,440 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock worth $688,000 after buying an additional 10,204 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its stake in First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock worth $949,000 after buying 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.