StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

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

First Capital Trading Down 0.9 %

Shares of NASDAQ FCAP opened at $34.53 on Wednesday. The stock has a market capitalization of $115.78 million, a P/E ratio of 9.67 and a beta of 0.64. First Capital has a 1-year low of $22.95 and a 1-year high of $38.00. The business’s 50 day moving average is $33.72 and its two-hundred day moving average is $31.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67.

First Capital (NASDAQ:FCAP) last released its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. The company had revenue of $10.68 million for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%.

Insider Activity

In other First Capital news, Director John Shireman acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average price of $31.93 per share, for a total transaction of $31,930.00. Following the acquisition, the director now directly owns 1,000 shares in the company, valued at $31,930. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.39% of the company’s stock.

Institutional Trading of First Capital

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC lifted its position in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,460 shares of the savings and loans company’s stock after buying an additional 875 shares during the quarter. Empowered Funds LLC owned approximately 0.37% of First Capital worth $361,000 at the end of the most recent quarter. 11.65% of the stock is currently owned by institutional investors and hedge funds.

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.