IF Bancorp (NASDAQ:IROQ) Stock Crosses Below Two Hundred Day Moving Average of $18.61

IF Bancorp, Inc. (NASDAQ:IROQ – Get Rating)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.61 and traded as low as $17.76. IF Bancorp shares last traded at $17.76, with a volume of 118 shares changing hands.

IF Bancorp Stock Down 2.8 %

The company has a market capitalization of $59.28 million, a price-to-earnings ratio of 9.55 and a beta of 0.55. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.93. The firm’s 50 day simple moving average is $17.97 and its 200-day simple moving average is $18.61.

IF Bancorp (NASDAQ:IROQ – Get Rating) last issued its earnings results on Thursday, November 3rd. The savings and loans company reported $0.62 earnings per share for the quarter. The business had revenue of $7.47 million for the quarter. IF Bancorp had a net margin of 19.03% and a return on equity of 7.71%.

Institutional Investors Weigh In On IF Bancorp

A hedge fund recently raised its stake in IF Bancorp stock. Stilwell Value LLC lifted its holdings in IF Bancorp, Inc. (NASDAQ:IROQ – Get Rating) by 22.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,219 shares of the savings and loans company’s stock after buying an additional 5,000 shares during the quarter. IF Bancorp accounts for 0.4% of Stilwell Value LLC’s portfolio, making the stock its 18th biggest holding. Stilwell Value LLC owned 0.81% of IF Bancorp worth $516,000 as of its most recent SEC filing. 22.39% of the stock is owned by institutional investors and hedge funds.

About IF Bancorp

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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.