First National Financial (TSE:FN) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

First National Financial Co. (TSE:FN - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$39.81 and traded as low as C$38.71. First National Financial shares last traded at C$38.75, with a volume of 18,354 shares.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Scotiabank cut their price target on First National Financial from C$44.00 to C$42.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. National Bankshares cut their price target on First National Financial from C$43.00 to C$39.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. CIBC cut their price target on First National Financial from C$44.00 to C$41.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. BMO Capital Markets boosted their price target on First National Financial from C$41.00 to C$42.00 in a report on Thursday, March 6th. Finally, TD Securities cut their price target on First National Financial from C$45.00 to C$41.00 and set a "buy" rating for the company in a report on Thursday, May 1st.

First National Financial Price Performance

The business has a 50-day simple moving average of C$38.49 and a 200-day simple moving average of C$39.74. The firm has a market capitalization of C$2.38 billion, a PE ratio of 12.90, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

The firm also recently announced a apr 25 dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were paid a dividend of $0.2083 per share. First National Financial's dividend payout ratio is 79.78%.

About First National Financial

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.