IF Bancorp (NASDAQ:IROQ) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

IF Bancorp, Inc. (NASDAQ:IROQ)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.02 and traded as high as $25.82. IF Bancorp shares last traded at $25.77, with a volume of 3,580 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of IF Bancorp in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

IF Bancorp Trading Up 0.1%

The company has a debt-to-equity ratio of 0.82, a current ratio of 0.90 and a quick ratio of 0.89. The stock has a market cap of $86.33 million, a PE ratio of 16.41 and a beta of 0.38. The company’s fifty day moving average is $25.69 and its 200-day moving average is $25.02.

IF Bancorp (NASDAQ:IROQ) last issued its earnings results on Wednesday, November 12th. The savings and loans company reported $0.43 earnings per share for the quarter. IF Bancorp had a return on equity of 6.30% and a net margin of 10.49%.The business had revenue of $7.33 million for the quarter.

Hedge Funds Weigh In On IF Bancorp

An institutional investor recently raised its position in IF Bancorp stock. Vanguard Group Inc. increased its position in shares of IF Bancorp, Inc. (NASDAQ:IROQ) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,830 shares of the savings and loans company’s stock after buying an additional 1,000 shares during the period. Vanguard Group Inc. owned about 2.23% of IF Bancorp worth $1,932,000 at the end of the most recent reporting period. Institutional investors own 44.11% of the company’s stock.

About IF Bancorp

IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.