IF Bancorp (NASDAQ:IROQ) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.60 and traded as high as $21.56. IF Bancorp shares last traded at $21.39, with a volume of 1,652 shares trading hands.

IF Bancorp Stock Up 0.5 %

The firm has a market cap of $71.75 million, a PE ratio of 35.08 and a beta of 0.52. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.45. The business's 50-day simple moving average is $19.28 and its 200 day simple moving average is $17.61.

IF Bancorp (NASDAQ:IROQ - Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The savings and loans company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $5.70 million for the quarter. IF Bancorp had a return on equity of 2.50% and a net margin of 3.95%.

IF Bancorp Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 27th were issued a $0.20 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a yield of 2.3%. IF Bancorp's dividend payout ratio is presently 65.57%.

Institutional Investors Weigh In On IF Bancorp

An institutional investor recently raised its position in IF Bancorp stock. Stilwell Value LLC raised its holdings in IF Bancorp, Inc. (NASDAQ:IROQ - Free Report) by 4.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 248,771 shares of the savings and loans company's stock after buying an additional 9,474 shares during the quarter. IF Bancorp comprises 3.1% of Stilwell Value LLC's holdings, making the stock its 6th largest position. Stilwell Value LLC owned 7.43% of IF Bancorp worth $4,137,000 as of its most recent SEC filing. 44.11% of the stock is owned by hedge funds and other institutional investors.

IF Bancorp Company Profile

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.