IF Bancorp (NASDAQ:IROQ) Shares Pass Below 200-Day Moving Average of $16.41

Shares of IF Bancorp, Inc. (NASDAQ:IROQ) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.41 and traded as low as $16.28. IF Bancorp shares last traded at $16.28, with a volume of 8,515 shares traded.

IF Bancorp Stock Down 3.3 %

The firm has a 50-day moving average of $16.65 and a two-hundred day moving average of $16.41. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $54.54 million, a PE ratio of 26.69 and a beta of 0.52.

IF Bancorp (NASDAQ:IROQ) last released its quarterly earnings results on Tuesday, April 30th. The savings and loans company reported $0.22 earnings per share for the quarter. The business had revenue of $5.40 million during the quarter. IF Bancorp had a return on equity of 2.75% and a net margin of 4.52%.

Institutional Investors Weigh In On IF Bancorp

An institutional investor recently raised its position in IF Bancorp stock. Stilwell Value LLC boosted its stake in IF Bancorp, Inc. (NASDAQ:IROQ) by 87.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 221,736 shares of the savings and loans company’s stock after purchasing an additional 103,706 shares during the period. IF Bancorp comprises approximately 2.6% of Stilwell Value LLC’s portfolio, making the stock its 6th largest position. Stilwell Value LLC owned 6.62% of IF Bancorp worth $3,302,000 at the end of the most recent reporting period. 44.11% of the stock is currently owned by hedge funds and other institutional investors.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.