Security National Financial (NASDAQ:SNFCA) Stock Crosses Below 200-Day Moving Average – What’s Next?

Security National Financial Corporation (NASDAQ:SNFCA) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.46 and traded as low as $8.38. Security National Financial shares last traded at $8.41, with a volume of 37,723 shares.

Security National Financial Stock Performance

The stock has a market capitalization of $217.99 million, a P/E ratio of 9.47 and a beta of 0.84. The stock has a 50-day moving average price of $9.25 and a two-hundred day moving average price of $10.46.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings data on Thursday, August 14th. The credit services provider reported $0.25 earnings per share for the quarter. The firm had revenue of $89.54 million for the quarter. Security National Financial had a return on equity of 6.53% and a net margin of 6.66%.

Institutional Investors Weigh In On Security National Financial

A number of large investors have recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Security National Financial by 7.0% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 15,213 shares of the credit services provider’s stock valued at $183,000 after purchasing an additional 1,000 shares in the last quarter. Barclays PLC boosted its position in Security National Financial by 3.3% during the 4th quarter. Barclays PLC now owns 43,881 shares of the credit services provider’s stock valued at $528,000 after acquiring an additional 1,395 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Security National Financial by 0.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 467,818 shares of the credit services provider’s stock valued at $4,608,000 after acquiring an additional 1,746 shares in the last quarter. Jefferies Financial Group Inc. boosted its position in Security National Financial by 15.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider’s stock valued at $164,000 after acquiring an additional 1,814 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Security National Financial by 306.8% during the second quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider’s stock valued at $28,000 after purchasing an additional 2,135 shares in the last quarter. Institutional investors own 45.58% of the company’s stock.

About Security National Financial

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.