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First Capital (NASDAQ:FCAP) Share Price Passes Above 200 Day Moving Average - Here's What Happened

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First Capital, Inc. (NASDAQ:FCAP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $33.21 and traded as high as $37.30. First Capital shares last traded at $36.76, with a volume of 2,119 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on First Capital in a report on Friday. They set a "hold" rating for the company.

Check Out Our Latest Stock Report on FCAP

First Capital Price Performance

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 company has a market cap of $124.93 million, a price-to-earnings ratio of 10.44 and a beta of 0.56. The business has a fifty day moving average price of $33.32 and a 200 day moving average price of $33.35.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its quarterly 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%.

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First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a yield of 3.11%. First Capital's dividend payout ratio is currently 32.49%.

Institutional Investors Weigh In On First Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of FCAP. Fourthstone LLC bought a new stake in First Capital during the 4th quarter worth $1,824,000. Truffle Hound Capital LLC bought a new stake in shares of First Capital in the 4th quarter valued at about $1,193,000. Siena Capital Partners GP LLC grew its position in shares of First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company's stock valued at $3,602,000 after buying an additional 15,277 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of 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 valued at $688,000 after buying an additional 10,204 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of First Capital in the 4th quarter valued at about $292,000. Institutional investors own 11.65% of the company's stock.

About First Capital

(Get Free Report)

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.

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