Kentucky First Federal Bancorp (NASDAQ:KFFB) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Kentucky First Federal Bancorp (NASDAQ:KFFB) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.49 and traded as high as $3.98. Kentucky First Federal Bancorp shares last traded at $3.90, with a volume of 21,721 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Kentucky First Federal Bancorp in a research report on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Kentucky First Federal Bancorp Trading Up 15.4%

The stock has a 50-day simple moving average of $3.49 and a two-hundred day simple moving average of $3.01. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $31.55 million, a PE ratio of 195.10 and a beta of 0.16.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last released its quarterly earnings results on Friday, September 19th. The savings and loans company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $2.41 million during the quarter. Kentucky First Federal Bancorp had a return on equity of 0.38% and a net margin of 0.92%.

Institutional Investors Weigh In On Kentucky First Federal Bancorp

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. TI Trust Inc. purchased a new stake in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 96,103 shares of the savings and loans company’s stock, valued at approximately $286,000. TI Trust Inc. owned 1.19% of Kentucky First Federal Bancorp as of its most recent SEC filing. 3.16% of the stock is currently owned by institutional investors.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.