First Capital (NASDAQ:FCAP) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Performance

NASDAQ FCAP opened at $31.80 on Wednesday. The company’s 50 day simple moving average is $30.68 and its two-hundred day simple moving average is $29.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.66 and a quick ratio of 0.66. First Capital has a 1 year low of $22.95 and a 1 year high of $33.89. The stock has a market capitalization of $106.63 million, a PE ratio of 8.91 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (EPS) for the quarter. The firm had revenue of $10.68 million during the quarter. First Capital had a return on equity of 12.01% and a net margin of 22.04%.

Insider Buying and Selling

In other First Capital news, Director John Shireman acquired 1,000 shares of the stock in a transaction dated Friday, August 2nd. The stock was purchased at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the acquisition, the director now owns 1,000 shares in the company, valued at approximately $31,930. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 4.39% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC increased its stake in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,460 shares of the savings and loans company’s stock after acquiring an additional 875 shares during the quarter. Empowered Funds LLC owned approximately 0.37% of First Capital worth $361,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 11.65% of the company’s stock.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.