First Capital (NASDAQ:FCAP) Shares Pass Above 200 Day Moving Average - Should You Sell?

First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $38.92 and traded as high as $42.71. First Capital shares last traded at $41.39, with a volume of 402,876 shares changing hands.

Analyst Upgrades and Downgrades

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

First Capital Stock Performance

The stock has a market cap of $147.03 million, a P/E ratio of 11.96 and a beta of 0.62. The stock's fifty day moving average is $46.49 and its 200 day moving average is $39.15.

First Capital (NASDAQ:FCAP - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. The business 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 Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 2.65%. First Capital's payout ratio is presently 31.69%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fourthstone LLC purchased a new stake in shares of First Capital in the fourth quarter valued at $1,824,000. Truffle Hound Capital LLC bought a new position in First Capital during the 4th quarter valued at about $1,193,000. Commonwealth Equity Services LLC raised its position in First Capital by 91.8% in the 4th 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 period. Raymond James Financial Inc. purchased a new stake in First Capital in the 4th quarter worth about $292,000. Finally, Barlow Wealth Partners Inc. bought a new stake in First Capital in the first quarter worth about $200,000. 11.65% of the stock is owned by hedge funds and other institutional investors.

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.