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

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on shares of First Capital in a research note on Thursday, April 17th. They issued a "hold" rating on the stock.

First Capital Price Performance

The firm has a market cap of $130.50 million, a PE ratio of 10.61 and a beta of 0.62. The company has a 50 day simple moving average of $44.89 and a 200-day simple moving average of $40.18.

First Capital (NASDAQ:FCAP - Get Free Report) last released its quarterly earnings data 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 during the quarter. First Capital had a return on equity of 10.64% and a net margin of 20.51%.

First Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, June 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.99%. First Capital's dividend payout ratio is presently 31.69%.

Hedge Funds Weigh In On First Capital

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in First Capital during the second quarter valued at $44,000. Jones Financial Companies Lllp lifted its position in First Capital by 3,288.0% during the first quarter. Jones Financial Companies Lllp now owns 3,388 shares of the savings and loans company's stock valued at $129,000 after buying an additional 3,288 shares during the period. Barlow Wealth Partners Inc. bought a new position in shares of First Capital during the first quarter valued at $200,000. Raymond James Financial Inc. bought a new position in shares of First Capital during the fourth quarter valued at $292,000. Finally, Empowered Funds LLC increased its holdings in shares of First Capital by 6.9% during the first quarter. Empowered Funds LLC now owns 15,713 shares of the savings and loans company's stock valued at $599,000 after acquiring an additional 1,008 shares in the last quarter. Institutional investors own 11.65% of the company's stock.

First Capital Company Profile

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.