First Capital (NASDAQ:FCAP) Stock Price Passes Below 200 Day Moving Average - What's Next?

Shares of First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $40.08 and traded as low as $38.80. First Capital shares last traded at $39.01, with a volume of 6,433 shares traded.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on shares of First Capital in a research report on Thursday, April 17th. They set a "hold" rating for the company.

First Capital Stock Down 2.8%

The business has a 50 day simple moving average of $44.89 and a 200-day simple moving average of $40.13. The company has a market capitalization of $131.07 million, a P/E ratio of 10.66 and a beta of 0.62.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its earnings results on Friday, April 25th. The savings and loans company reported $0.97 earnings per share for the quarter. The firm had revenue of $11.43 million for the quarter. First Capital had a return on equity of 10.64% and a net margin of 20.51%.

First Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, June 13th. This represents a $1.16 annualized dividend and a yield of 2.97%. First Capital's dividend payout ratio is currently 31.69%.

Institutional Investors Weigh In On First Capital

Several hedge funds have recently modified their holdings of the stock. Fourthstone LLC purchased a new stake in shares of First Capital in the fourth quarter worth approximately $1,824,000. Truffle Hound Capital LLC boosted its stake in First Capital by 35.1% during the 1st quarter. Truffle Hound Capital LLC now owns 50,000 shares of the savings and loans company's stock valued at $1,908,000 after purchasing an additional 13,000 shares during the period. Bridgeway Capital Management LLC increased its position in First Capital by 2.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock worth $949,000 after acquiring an additional 675 shares during the period. Commonwealth Equity Services LLC raised its stake in First Capital by 91.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock valued at $688,000 after purchasing an additional 10,204 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of First Capital by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,939 shares of the savings and loans company's stock valued at $636,000 after buying an additional 1,440 shares during the period. 11.65% of the stock is owned by hedge funds and other institutional investors.

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.