First Capital (NASDAQ:FCAP) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

Shares of First Capital, Inc. (NASDAQ:FCAP - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $37.96 and traded as high as $45.48. First Capital shares last traded at $45.02, with a volume of 5,751 shares.

Analyst Upgrades and Downgrades

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

First Capital Stock Up 3.1%

The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $155.77 million, a price-to-earnings ratio of 13.01 and a beta of 0.67. The company has a 50-day moving average of $45.55 and a 200-day moving average of $37.96.

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

First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.50%. The ex-dividend date is Friday, June 13th. First Capital's dividend payout ratio is currently 31.69%.

Institutional Investors Weigh In On First Capital

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC increased its position in shares of First Capital by 6.9% during the 1st quarter. Empowered Funds LLC now owns 15,713 shares of the savings and loans company's stock worth $599,000 after purchasing an additional 1,008 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in First Capital by 3,288.0% in 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 purchasing an additional 3,288 shares during the period. Truffle Hound Capital LLC grew its position in shares of First Capital by 35.1% during the first quarter. Truffle Hound Capital LLC now owns 50,000 shares of the savings and loans company's stock worth $1,908,000 after buying an additional 13,000 shares in the last quarter. Barlow Wealth Partners Inc. purchased a new stake in shares of First Capital in the 1st quarter valued at approximately $200,000. Finally, Bridgeway Capital Management LLC increased its holdings in First Capital by 2.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 29,740 shares of the savings and loans company's stock valued at $949,000 after buying an additional 675 shares during the last quarter. Institutional investors and hedge funds 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.