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

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

First Capital Price Performance

Shares of NASDAQ FCAP opened at $32.78 on Friday. The company has a 50 day simple moving average of $32.72 and a two-hundred day simple moving average of $32.41. The company has a market capitalization of $109.88 million, a price-to-earnings ratio of 9.29 and a beta of 0.58. First Capital has a fifty-two week low of $26.03 and a fifty-two week high of $38.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%. The business had revenue of $10.93 million during the quarter.

Institutional Trading of First Capital

A number of large investors have recently modified their holdings of the company. Empowered Funds LLC boosted its position in shares of First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after purchasing an additional 670 shares in the last quarter. Geode Capital Management LLC grew its holdings in First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC lifted its holdings in First Capital by 17.4% during the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Hedge funds and other institutional investors own 11.65% of the company’s stock.

First Capital Company Profile

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.