Kentucky First Federal Bancorp (NASDAQ:KFFB) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $5.75 and traded as high as $6.13. Kentucky First Federal Bancorp shares last traded at $5.77, with a volume of 11,779 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Kentucky First Federal Bancorp in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Kentucky First Federal Bancorp Trading Down 3.9%

The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a fifty day moving average price of $5.74 and a 200 day moving average price of $5.12. The company has a market cap of $43.77 million, a price-to-earnings ratio of 23.52 and a beta of 0.14.

Kentucky First Federal Bancorp (NASDAQ:KFFB) last posted its quarterly earnings results on Tuesday, August 11th. The savings and loans company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $3.24 million for the quarter. Kentucky First Federal Bancorp had a net margin of 8.91% and a return on equity of 3.86%.

Kentucky First Federal Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Monday, August 31st were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 31st. Kentucky First Federal Bancorp’s dividend payout ratio is presently 86.96%.

Institutional Investors Weigh In On Kentucky First Federal Bancorp

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. Farmers National Bank purchased a new position in shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 22,081 shares of the savings and loans company’s stock, valued at approximately $103,000. Farmers National Bank owned 0.27% of Kentucky First Federal Bancorp as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 3.16% of the company’s stock.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp (NASDAQ: KFFB) is a bank holding company headquartered in Frankfort, Kentucky. Through its banking subsidiary, First Federal Savings Bank of Kentucky, the company provides community banking services to individuals, families, and businesses in central Kentucky.

Its primary products and services include deposit accounts, residential mortgage loans, commercial real estate and business loans, construction lending, consumer loans, and related banking services.