Security National Financial (NASDAQ:SNFCA) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Key Points

• Security National Financial's stock price has fallen below its 200-day moving average, closing at $8.33, prompting analysts to question the timing of sales.
• Despite the recent dip, Wall Street analysts maintain an average rating of "Hold" for the company's shares, with Weiss Ratings reiterating a "hold (c+)" status.
• The company reported $0.25 earnings per share for its last quarter, with revenue totaling $89.54 million, and a return on equity of 6.53%.

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.49 and traded as low as $8.29. Security National Financial shares last traded at $8.33, with a volume of 25,830 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c+)" rating on shares of Security National Financial in a research report on Saturday, September 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

Security National Financial Stock Down 1.7%

The company has a 50 day simple moving average of $8.70 and a two-hundred day simple moving average of $9.49. The company has a market capitalization of $216.41 million, a P/E ratio of 9.38 and a beta of 0.86.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The credit services provider reported $0.25 earnings per share for the quarter. Security National Financial had a return on equity of 6.53% and a net margin of 6.66%.The company had revenue of $89.54 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. grew its stake in shares of Security National Financial by 0.4% during the second quarter. Ameriprise Financial Inc. now owns 467,818 shares of the credit services provider's stock valued at $4,608,000 after buying an additional 1,746 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Security National Financial by 306.8% during the second quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider's stock valued at $28,000 after buying an additional 2,135 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Security National Financial during the second quarter valued at approximately $30,000. Cubist Systematic Strategies LLC grew its stake in shares of Security National Financial by 48.0% during the first quarter. Cubist Systematic Strategies LLC now owns 10,679 shares of the credit services provider's stock valued at $129,000 after buying an additional 3,462 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Security National Financial by 31.8% during the fourth quarter. Bank of America Corp DE now owns 17,226 shares of the credit services provider's stock valued at $207,000 after buying an additional 4,161 shares during the last quarter. Institutional investors own 45.58% of the company's stock.

Security National Financial Company Profile

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.

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