First Financial Northwest (NASDAQ:FFNW) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

First Financial Northwest, Inc. (NASDAQ:FFNW - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $22.11 and traded as low as $20.86. First Financial Northwest shares last traded at $20.91, with a volume of 26,676 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered First Financial Northwest from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th.

First Financial Northwest Stock Performance

The firm has a market cap of $193.65 million, a PE ratio of 190.74 and a beta of 0.53. The company has a 50 day simple moving average of $21.93 and a 200-day simple moving average of $22.11. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.04 and a quick ratio of 1.04.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last issued its earnings results on Tuesday, October 29th. The bank reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.14). The firm had revenue of $20.09 million during the quarter, compared to analysts' expectations of $9.49 million. First Financial Northwest had a return on equity of 0.66% and a net margin of 1.31%. During the same period in the prior year, the company earned $0.16 EPS. As a group, equities research analysts anticipate that First Financial Northwest, Inc. will post 0.09 EPS for the current year.

Institutional Trading of First Financial Northwest

A number of institutional investors have recently made changes to their positions in FFNW. Western Standard LLC purchased a new stake in shares of First Financial Northwest during the third quarter valued at approximately $5,368,000. Captrust Financial Advisors purchased a new stake in shares of First Financial Northwest during the third quarter valued at approximately $789,000. Bank of New York Mellon Corp boosted its stake in shares of First Financial Northwest by 45.2% during the second quarter. Bank of New York Mellon Corp now owns 63,223 shares of the bank's stock valued at $1,336,000 after purchasing an additional 19,670 shares during the period. Skandinaviska Enskilda Banken AB publ bought a new position in shares of First Financial Northwest during the second quarter valued at approximately $403,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new position in shares of First Financial Northwest during the third quarter valued at approximately $312,000. Hedge funds and other institutional investors own 55.00% of the company's stock.

About First Financial Northwest

First Financial Northwest, Inc operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest-bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit.