First Capital (NASDAQ:FCAP) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) shares 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of First Capital in a research report on Tuesday. They set a "hold" rating on the stock.

First Capital Stock Performance

The business has a fifty day moving average of $35.86 and a 200-day moving average of $34.27. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market cap of $127.21 million, a PE ratio of 10.63 and a beta of 0.52.

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

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First Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Friday, March 14th. First Capital's dividend payout ratio (DPR) is presently 32.49%.

Hedge Funds Weigh In On First Capital

A number of institutional investors and hedge funds have recently modified their holdings of the company. Empowered Funds LLC lifted its stake in shares of First Capital by 4.8% in the 4th quarter. Empowered Funds LLC now owns 14,705 shares of the savings and loans company's stock worth $469,000 after purchasing an additional 675 shares during the period. Bridgeway Capital Management LLC lifted its holdings in First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock valued at $949,000 after purchasing an additional 675 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of First Capital by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock worth $636,000 after purchasing an additional 1,440 shares during the period. Geode Capital Management LLC increased its stake in shares of First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company's stock worth $1,248,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of First Capital during the 4th quarter valued at $292,000. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

About First Capital

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.