Kentucky First Federal Bancorp (NASDAQ:KFFB) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Kentucky First Federal Bancorp (NASDAQ:KFFB)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.95 and traded as low as $2.75. Kentucky First Federal Bancorp shares last traded at $2.80, with a volume of 11,888 shares traded.

Kentucky First Federal Bancorp Stock Down 6.7 %

The business has a 50-day moving average price of $3.12 and a 200-day moving average price of $2.95. The company has a market capitalization of $22.64 million, a price-to-earnings ratio of -20.00 and a beta of 0.15. The company has a quick ratio of 1.38, a current ratio of 1.34 and a debt-to-equity ratio of 1.29.

Insider Activity

In related news, Director William H. Johnson purchased 10,000 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $2.98 per share, for a total transaction of $29,800.00. Following the purchase, the director now owns 49,445 shares in the company, valued at $147,346.10. The trade was a 25.35 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kentucky First Federal Bancorp

An institutional investor recently bought a new position in Kentucky First Federal Bancorp stock. Kentucky Trust Co acquired a new stake in Kentucky First Federal Bancorp (NASDAQ:KFFB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 8,759 shares of the savings and loans company’s stock, valued at approximately $26,000. Kentucky Trust Co owned 0.11% of Kentucky First Federal Bancorp at the end of the most recent quarter. Hedge funds and other institutional investors own 3.16% of the company’s stock.

About Kentucky First Federal Bancorp

Kentucky First Federal Bancorp operates as the holding company for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc that provide various banking products and services in Kentucky. It accepts deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts.