First National Financial (TSE:FN) Shares Cross Below 200-Day Moving Average - Should You Sell?

First National Financial Co. (TSE:FN - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$40.01 and traded as low as C$38.50. First National Financial shares last traded at C$38.53, with a volume of 24,433 shares traded.

Analysts Set New Price Targets

Several research firms recently issued reports on FN. TD Securities reduced their price target on First National Financial from C$45.00 to C$41.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. BMO Capital Markets raised their price target on First National Financial from C$41.00 to C$42.00 in a research report on Thursday, March 6th. Scotiabank reduced their price target on First National Financial from C$44.00 to C$42.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 1st. National Bankshares reduced their price target on First National Financial from C$43.00 to C$39.00 and set a "sector perform" rating on the stock in a research report on Wednesday, April 30th. Finally, CIBC reduced their price target on First National Financial from C$44.00 to C$41.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st.

First National Financial Trading Down 0.1%

The firm has a fifty day simple moving average of C$38.34 and a two-hundred day simple moving average of C$39.93. The firm has a market cap of C$2.30 billion, a PE ratio of 12.44, a PEG ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The firm also recently disclosed a apr 25 dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were issued a $0.2083 dividend. First National Financial's dividend payout ratio (DPR) is currently 79.78%.

About First National Financial

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.