First Capital (NASDAQ:FCAP) Shares Pass Above 200-Day Moving Average - What's Next?

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.90 and traded as high as $49.11. First Capital shares last traded at $48.38, with a volume of 29,894 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on First Capital in a research note on Thursday, April 17th. They issued a "hold" rating for the company.

First Capital Stock Up 1.8 %

The firm's fifty day simple moving average is $38.77 and its 200 day simple moving average is $34.98. 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 $166.58 million, a price-to-earnings ratio of 13.91 and a beta of 0.53.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. The firm had revenue of $11.43 million for the quarter. First Capital had a return on equity of 10.84% and a net margin of 20.54%.

First Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Friday, March 14th. First Capital's dividend payout ratio (DPR) is 31.69%.

Institutional Trading of First Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FCAP. Fourthstone LLC purchased a new position in shares of First Capital in the 4th quarter valued at $1,824,000. Truffle Hound Capital LLC purchased a new position in shares of First Capital during the fourth quarter worth about $1,193,000. Commonwealth Equity Services LLC increased its position 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 worth $688,000 after purchasing an additional 10,204 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Capital in the 4th quarter valued at about $292,000. Finally, Barlow Wealth Partners Inc. purchased a new stake in shares of First Capital in the 1st quarter valued at about $200,000. Institutional investors and hedge funds 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.