First Capital (NASDAQ:FCAP) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

First Capital, Inc. (NASDAQ:FCAP)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $49.44 and traded as low as $48.72. First Capital shares last traded at $49.84, with a volume of 5,038 shares trading hands.

Wall Street Analyst Weigh In

FCAP has been the topic of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of First Capital in a report on Monday, December 29th. Wall Street Zen upgraded shares of First Capital to a “hold” rating in a report on Saturday, January 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

First Capital Stock Down 1.8%

The firm has a market capitalization of $160.47 million, a PE ratio of 9.78 and a beta of 0.63. The stock has a 50-day simple moving average of $52.68 and a 200-day simple moving average of $49.50.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Friday, January 23rd. The savings and loans company reported $1.46 EPS for the quarter. The firm had revenue of $13.49 million for the quarter. First Capital had a return on equity of 12.95% and a net margin of 25.06%.

First Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, March 13th. First Capital’s dividend payout ratio (DPR) is currently 25.31%.

Institutional Trading of First Capital

Hedge funds and other institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. boosted its holdings in First Capital by 105.2% in the 4th quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock worth $33,000 after buying an additional 284 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of First Capital in the second quarter valued at $28,000. CWM LLC raised its stake in shares of First Capital by 34.4% during the 3rd quarter. CWM LLC now owns 997 shares of the savings and loans company’s stock valued at $46,000 after purchasing an additional 255 shares during the period. JPMorgan Chase & Co. raised its stake in shares of First Capital by 30,940.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after purchasing an additional 1,547 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in First Capital during the 2nd quarter worth about $74,000. Institutional investors own 11.65% of the company’s stock.

First Capital Company Profile

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.