Security National Financial (NASDAQ:SNFCA) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Security National Financial's stock price has dropped below its 200-day moving average of $9.30, with shares trading as low as $8.01.
• The company has a market cap of $209.66 million and reported earnings of $0.25 per share for the last quarter, with revenue totaling $89.54 million.
• Analysts maintain a consensus rating of "Hold" for Security National Financial, highlighting mixed sentiment regarding the stock's performance.

Shares of Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.30 and traded as low as $8.01. Security National Financial shares last traded at $8.07, with a volume of 19,240 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "hold (c+)" rating on shares of Security National Financial in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Security National Financial has a consensus rating of "Hold".

Security National Financial Price Performance

The stock has a market cap of $209.66 million, a P/E ratio of 9.09 and a beta of 0.86. The company's 50 day simple moving average is $8.63 and its 200 day simple moving average is $9.30.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SNFCA. Evergreen Capital Management LLC bought a new position in Security National Financial during the 2nd quarter worth $369,000. Scott Marsh Financial LLC acquired a new position in shares of Security National Financial during the second quarter worth $407,000. BNP Paribas Financial Markets raised its position in Security National Financial by 306.8% in the second quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider's stock valued at $28,000 after purchasing an additional 2,135 shares during the last quarter. Bridgeway Capital Management LLC boosted its position in Security National Financial by 1.6% during the 2nd quarter. Bridgeway Capital Management LLC now owns 336,704 shares of the credit services provider's stock worth $3,317,000 after buying an additional 5,204 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Security National Financial by 86.1% during the second quarter. Bank of America Corp DE now owns 11,664 shares of the credit services provider's stock worth $115,000 after purchasing an additional 5,398 shares during the period. 45.58% of the stock is owned by institutional investors and hedge funds.

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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