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

Shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.51 and traded as high as $4.70. Kentucky First Federal Bancorp shares last traded at $4.7550, with a volume of 6,794 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Kentucky First Federal Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Kentucky First Federal Bancorp currently has a consensus rating of “Hold”.

Kentucky First Federal Bancorp Stock Performance

The firm’s 50-day moving average is $4.51 and its 200 day moving average is $4.52. The stock has a market cap of $38.10 million, a PE ratio of 27.71 and a beta of 0.16. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last released its quarterly earnings results on Wednesday, May 13th. The savings and loans company reported $0.07 EPS for the quarter. Kentucky First Federal Bancorp had a net margin of 6.67% and a return on equity of 2.87%. The firm had revenue of $3.01 million during the quarter.

Hedge Funds Weigh In On Kentucky First Federal Bancorp

A hedge fund recently bought a new stake in Kentucky First Federal Bancorp stock. Farmers National Bank bought a new position in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 22,081 shares of the savings and loans company’s stock, valued at approximately $103,000. Farmers National Bank owned approximately 0.27% of Kentucky First Federal Bancorp as of its most recent filing with the SEC. Institutional investors own 3.16% of the company’s stock.

Kentucky First Federal Bancorp Company Profile

Kentucky First Federal Bancorp is the bank holding company for Kentucky First Federal Savings and Loan Association, a community-focused financial institution headquartered in London, Kentucky. The company offers a comprehensive range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit, designed to meet the needs of individuals, families, and local businesses. By maintaining a strong local presence, the organization emphasizes personalized service and relationship banking across its branch network.

On the lending side, Kentucky First Federal Bancorp provides residential mortgage financing, home equity loans, consumer installment loans and commercial real estate and business loans.