First Capital (NASDAQ:FCAP) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

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 $31.61 and traded as high as $34.80. First Capital shares last traded at $34.30, with a volume of 2,622 shares.

Analyst Upgrades and Downgrades

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

First Capital Stock Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. The stock's 50-day moving average is $34.63 and its 200 day moving average is $31.65. The stock has a market cap of $113.97 million, a price-to-earnings ratio of 9.63 and a beta of 0.63.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a return on equity of 11.08% and a net margin of 20.87%. The firm had revenue of $10.93 million for the quarter.

First Capital Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.41%. This is an increase from First Capital's previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, September 13th. First Capital's dividend payout ratio (DPR) is presently 32.86%.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its stake in shares of First Capital, Inc. (NASDAQ:FCAP - Free Report) by 7.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,460 shares of the savings and loans company's stock after purchasing an additional 875 shares during the period. Empowered Funds LLC owned 0.37% of First Capital worth $361,000 as of its most recent SEC filing. 11.65% of the stock is currently owned by institutional investors and hedge funds.

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.