Kentucky First Federal Bancorp (NASDAQ:KFFB) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.47 and traded as low as $4.45. Kentucky First Federal Bancorp shares last traded at $4.4750, with a volume of 1,609 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Kentucky First Federal Bancorp from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Kentucky First Federal Bancorp Price Performance

The firm has a market capitalization of $36.20 million, a P/E ratio of 26.32 and a beta of 0.13. The stock has a 50 day moving average of $4.49 and a two-hundred day moving average of $4.47. 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 issued its quarterly earnings results on Wednesday, May 13th. The savings and loans company reported $0.07 EPS for the quarter. The company had revenue of $3.01 million for the quarter. Kentucky First Federal Bancorp had a return on equity of 2.87% and a net margin of 6.67%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. Farmers National Bank purchased a new position in Kentucky First Federal Bancorp (NASDAQ:KFFB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund 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 SEC filing. Hedge funds and other 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.