First Financial Corporation Indiana (NASDAQ:THFF) Stock Price Crosses Above 200-Day Moving Average - What's Next?

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.17 and traded as high as $55.57. First Financial Corporation Indiana shares last traded at $54.91, with a volume of 77,341 shares trading hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of First Financial Corporation Indiana from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th.

First Financial Corporation Indiana Stock Performance

The company has a 50 day simple moving average of $51.62 and a 200-day simple moving average of $49.22. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market cap of $674.92 million, a P/E ratio of 12.36 and a beta of 0.43.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The bank reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.26. The company had revenue of $62.49 million during the quarter, compared to the consensus estimate of $62.04 million. First Financial Corporation Indiana had a return on equity of 9.88% and a net margin of 16.99%. On average, equities analysts expect that First Financial Corporation Indiana will post 5.41 earnings per share for the current fiscal year.

First Financial Corporation Indiana Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be issued a $0.51 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.58%. First Financial Corporation Indiana's payout ratio is 44.16%.

Hedge Funds Weigh In On First Financial Corporation Indiana

Several institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in First Financial Corporation Indiana by 26,022.2% during the first quarter. GAMMA Investing LLC now owns 11,755 shares of the bank's stock valued at $576,000 after buying an additional 11,710 shares during the period. SG Americas Securities LLC boosted its holdings in First Financial Corporation Indiana by 4.5% during the 1st quarter. SG Americas Securities LLC now owns 15,236 shares of the bank's stock valued at $746,000 after acquiring an additional 656 shares during the period. Two Sigma Investments LP boosted its holdings in First Financial Corporation Indiana by 17.5% during the 4th quarter. Two Sigma Investments LP now owns 34,122 shares of the bank's stock valued at $1,576,000 after acquiring an additional 5,079 shares during the period. American Century Companies Inc. grew its position in First Financial Corporation Indiana by 9.2% during the 4th quarter. American Century Companies Inc. now owns 235,412 shares of the bank's stock worth $10,874,000 after acquiring an additional 19,867 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in First Financial Corporation Indiana in the 4th quarter worth approximately $582,000. Institutional investors own 72.74% of the company's stock.

First Financial Corporation Indiana Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.