IF Bancorp (NASDAQ:IROQ) Shares Cross Below 200-Day Moving Average of $17.03

IF Bancorp, Inc. (NASDAQ:IROQ – Get Rating)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.03 and traded as low as $14.40. IF Bancorp shares last traded at $14.40, with a volume of 333 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut IF Bancorp from a “b-” rating to a “c+” rating in a research report on Monday, April 24th.

IF Bancorp Price Performance

The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $48.24 million, a price-to-earnings ratio of 9.06 and a beta of 0.53. The stock has a 50-day moving average price of $15.28 and a 200 day moving average price of $17.03.

Institutional Investors Weigh In On IF Bancorp

A hedge fund recently raised its stake in IF Bancorp stock. Stilwell Value LLC raised its position in IF Bancorp, Inc. (NASDAQ:IROQ – Get Rating) by 22.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,219 shares of the savings and loans company’s stock after buying an additional 5,000 shares during the period. IF Bancorp comprises about 0.4% of Stilwell Value LLC’s portfolio, making the stock its 18th largest holding. Stilwell Value LLC owned approximately 0.81% of IF Bancorp worth $516,000 at the end of the most recent reporting period. 22.39% of the stock is currently owned by hedge funds and other institutional investors.

IF Bancorp Company Profile

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IF Bancorp, Inc operates as a holding company, which engages in directing, planning, and coordinating the business activities of Iroquois Federal Savings. The firm through its subsidiary, offers variety of deposits accounts, including savings accounts, certificate of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.