First Capital (NASDAQ:FCAP) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a research note issued on Friday. The brokerage set a “hold” rating on the savings and loans company’s stock.

First Capital Stock Down 2.8 %

Shares of NASDAQ FCAP opened at $34.30 on Friday. The firm has a market cap of $114.91 million, a price-to-earnings ratio of 9.72 and a beta of 0.63. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.31. First Capital has a 52-week low of $24.40 and a 52-week high of $38.00. The business’s 50 day moving average is $34.57 and its two-hundred day moving average is $31.61.

First Capital (NASDAQ:FCAP) last announced its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. The company had revenue of $10.93 million for the quarter. First Capital had a return on equity of 11.08% and a net margin of 20.87%.

Hedge Funds Weigh In On First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC increased its position in shares of First Capital, Inc. (NASDAQ:FCAP) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,030 shares of the savings and loans company’s stock after purchasing an additional 670 shares during the period. Empowered Funds LLC owned 0.42% of First Capital worth $490,000 at the end of the most recent quarter. 11.65% of the stock is currently owned by institutional investors.

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.