First Capital, Inc. (FCAP) Just Reaches 52-Week High?

March 17, 2018 - By Dolores Ford

Investors sentiment is 2 in Q3 2017. Its the same as in 2017Q2. It is without change, as 1 investors sold First Capital, Inc. shares while 2 reduced holdings. only 5 funds opened positions while 1 raised stakes. 66,188 shares or 42.23% more from 46,535 shares in 2017Q2 were reported.
The New York-based Alliancebernstein Ltd Partnership has invested 0% in First Capital, Inc. (NASDAQ:FCAP). Blackrock reported 0% stake. Pnc Serv Gru owns 800 shares for 0% of their portfolio. Geode Mngmt Limited Liability Company has 13,686 shares for 0% of their portfolio. Millennium Mgmt Limited Liability stated it has 0% in First Capital, Inc. (NASDAQ:FCAP). The Tennessee-based Green Square Capital Lc has invested 0.18% in First Capital, Inc. (NASDAQ:FCAP). Wells Fargo & Mn, a California-based fund reported 1,002 shares. Deutsche Commercial Bank Ag invested in 8 shares. Bank Of America De has 825 shares. 717 were accumulated by Morgan Stanley. Winfield Associate has 0.01% invested in First Capital, Inc. (NASDAQ:FCAP). Royal Savings Bank Of Canada accumulated 1 shares or 0% of the stock.

The stock of First Capital, Inc. (NASDAQ:FCAP) hit a new 52-week high and has $45.17 target or 5.00 % above today’s $43.02 share price. The 7 months bullish chart indicates low risk for the $143.56M company. The 1-year high was reported on Mar, 17 by If the $45.17 price target is reached, the company will be worth $7.18 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 2.43% or $1.02 during the last trading session, reaching $43.02. About 6,099 shares traded or 410.38% up from the average. First Capital, Inc. (NASDAQ:FCAP) has risen 21.53% since March 17, 2017 and is uptrending. It has outperformed by 4.83% the S&P500.

First Capital, Inc. operates as the bank holding firm for First Harrison Bank that provides various banking services to individuals and business customers. The company has market cap of $143.56 million. The firm offers a range of 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. It has a 19.29 P/E ratio. It also provides real estate mortgage loans, such as fixed-rate and adjustable rate mortgage residential loans, construction loans for residential and commercial properties, and commercial real estate loans, as well as commercial business loans.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.