Kentucky First Federal Bancorp (NASDAQ:KFFB) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Kentucky First Federal Bancorp (NASDAQ:KFFB) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.71 and traded as high as $4.90. Kentucky First Federal Bancorp shares last traded at $4.8160, with a volume of 900 shares trading hands.

Wall Street Analysts Forecast Growth

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

Kentucky First Federal Bancorp Price Performance

The company has a 50-day moving average of $4.71 and a 200-day moving average of $4.61. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market cap of $38.96 million, a price-to-earnings ratio of 28.33 and a beta of 0.15.

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

Institutional Investors Weigh In On Kentucky First Federal Bancorp

A hedge fund recently bought a new position in Kentucky First Federal Bancorp stock. Farmers National Bank acquired a new stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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 and Exchange Commission. Institutional investors and hedge funds 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.