First Capital (NASDAQ:FCAP) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.51 and traded as high as $47.48. First Capital shares last traded at $46.75, with a volume of 6,469 shares trading hands.

Analysts Set New Price Targets

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

First Capital Price Performance

The stock's 50-day moving average is $44.89 and its 200 day moving average is $37.56. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market cap of $148.19 million, a PE ratio of 12.37 and a beta of 0.71.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its earnings results on Friday, April 25th. The savings and loans company reported $0.97 EPS for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%. The company had revenue of $11.43 million during the quarter.

First Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, June 13th. This represents a $1.16 dividend on an annualized basis and a yield of 2.63%. First Capital's payout ratio is 31.69%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FCAP. Fourthstone LLC purchased a new position in shares of First Capital in the fourth quarter worth $1,824,000. Truffle Hound Capital LLC purchased a new position in shares of First Capital in the fourth quarter worth $1,193,000. Commonwealth Equity Services LLC raised its holdings in shares of First Capital by 91.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock worth $688,000 after purchasing an additional 10,204 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of First Capital during the fourth quarter worth $292,000. Finally, Barlow Wealth Partners Inc. purchased a new position in shares of First Capital during the first quarter worth $200,000. Hedge funds and other 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.