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

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

First Capital Stock Performance

NASDAQ:FCAP opened at $29.68 on Thursday. The firm’s 50-day moving average is $29.63 and its 200-day moving average is $28.72. First Capital has a 52-week low of $22.95 and a 52-week high of $37.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.66. The company has a market cap of $99.52 million, a price-to-earnings ratio of 8.31 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.88 earnings per share (EPS) for the quarter. First Capital had a net margin of 22.59% and a return on equity of 12.15%. The company had revenue of $10.50 million for the quarter.

Institutional Trading of First Capital

A hedge fund recently bought a new stake in First Capital stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. 11.65% of the stock is 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.