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

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.02 and traded as low as $8.67. Security National Financial shares last traded at $8.85, with a volume of 37,605 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Security National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, April 1st.

Security National Financial Price Performance

The firm has a market capitalization of $229.39 million, a PE ratio of 9.58 and a beta of 0.81. The company has a 50-day moving average price of $9.87 and a 200 day moving average price of $11.02.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The credit services provider reported $0.18 earnings per share for the quarter. Security National Financial had a return on equity of 6.90% and a net margin of 6.96%. The company had revenue of $82.74 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SNFCA. Point72 Asia Singapore Pte. Ltd. grew its stake in Security National Financial by 7.0% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 15,213 shares of the credit services provider's stock worth $183,000 after buying an additional 1,000 shares during the last quarter. Barclays PLC boosted its position in Security National Financial by 3.3% during the fourth quarter. Barclays PLC now owns 43,881 shares of the credit services provider's stock worth $528,000 after purchasing an additional 1,395 shares during the period. Jefferies Financial Group Inc. increased its position in Security National Financial by 15.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider's stock worth $164,000 after acquiring an additional 1,814 shares during the period. Northern Trust Corp boosted its position in shares of Security National Financial by 6.4% during the 4th quarter. Northern Trust Corp now owns 45,855 shares of the credit services provider's stock valued at $552,000 after acquiring an additional 2,741 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Security National Financial by 795.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,885 shares of the credit services provider's stock worth $47,000 after buying an additional 3,451 shares in the last quarter. Institutional investors and hedge funds own 45.58% of the company's stock.

About Security National Financial

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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