First Capital (NASDAQ:FCAP) Share Price Passes Above 200-Day Moving Average - Should You Sell?

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.08 and traded as high as $34.91. First Capital shares last traded at $34.53, with a volume of 1,206 shares traded.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on First Capital in a report on Wednesday. They set a "hold" rating on the stock.

First Capital Stock Performance

The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average price of $33.74 and a two-hundred day moving average price of $31.10. The company has a market cap of $111.49 million, a price-to-earnings ratio of 9.31 and a beta of 0.64.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The business had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.49%. This is an increase from First Capital's previous quarterly dividend of $0.27. The ex-dividend date was Friday, September 13th. First Capital's payout ratio is presently 32.49%.

Insiders Place Their Bets

In other First Capital news, Director John Shireman bought 1,000 shares of First Capital stock in a transaction dated Friday, August 2nd. The stock was bought at an average price of $31.93 per share, with a total value of $31,930.00. Following the completion of the transaction, the director now owns 1,000 shares in the company, valued at $31,930. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 4.39% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Capital, Inc. (NASDAQ:FCAP - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,123 shares of the savings and loans company's stock, valued at approximately $34,000. Institutional investors own 11.65% of the company's stock.

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.