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

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

First Capital Price Performance

Shares of NASDAQ:FCAP opened at $32.25 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. First Capital has a twelve month low of $26.03 and a twelve month high of $38.00. The company’s 50 day moving average is $32.87 and its 200 day moving average is $32.35. The company has a market cap of $108.10 million, a PE ratio of 9.14 and a beta of 0.58.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC grew its stake in shares of First Capital by 5.0% during 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 during the period. Siena Capital Partners GP LLC boosted 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 worth $3,602,000 after buying an additional 15,277 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in First Capital by 4.4% during the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after buying an additional 1,520 shares in the last quarter. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.