First Northwest Bancorp (NASDAQ:FNWB) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.60 and traded as low as $10.14. First Northwest Bancorp shares last traded at $10.20, with a volume of 7,829 shares trading hands.

Wall Street Analyst Weigh In

Several analysts recently issued reports on FNWB shares. StockNews.com started coverage on shares of First Northwest Bancorp in a research report on Thursday, March 20th. They issued a "hold" rating for the company. Hovde Group started coverage on First Northwest Bancorp in a research note on Monday, January 13th. They issued an "outperform" rating and a $13.50 target price for the company. Finally, Piper Sandler boosted their price target on shares of First Northwest Bancorp from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd.

First Northwest Bancorp Trading Up 2.1 %

The stock's 50 day moving average is $10.66 and its 200-day moving average is $10.59. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $95.08 million, a P/E ratio of -29.03 and a beta of 0.99.

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported ($0.32) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.38). First Northwest Bancorp had a negative return on equity of 1.86% and a negative net margin of 2.38%. As a group, equities research analysts anticipate that First Northwest Bancorp will post 0.5 earnings per share for the current year.

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First Northwest Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.76%. The ex-dividend date was Friday, February 14th. First Northwest Bancorp's payout ratio is currently -80.00%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Kennedy Capital Management LLC boosted its holdings in shares of First Northwest Bancorp by 43.3% during the 4th quarter. Kennedy Capital Management LLC now owns 75,456 shares of the financial services provider's stock valued at $770,000 after acquiring an additional 22,788 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of First Northwest Bancorp by 48.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 47,923 shares of the financial services provider's stock worth $489,000 after buying an additional 15,622 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of First Northwest Bancorp during the third quarter worth $350,000. FNY Investment Advisers LLC purchased a new position in First Northwest Bancorp during the fourth quarter valued at $277,000. Finally, Citadel Advisors LLC increased its holdings in First Northwest Bancorp by 5.6% in the 4th quarter. Citadel Advisors LLC now owns 16,134 shares of the financial services provider's stock valued at $165,000 after acquiring an additional 860 shares during the last quarter. 66.11% of the stock is owned by hedge funds and other institutional investors.

First Northwest Bancorp Company Profile

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.