United Bancshares (NASDAQ:UBOH) Stock Passes Above 50 Day Moving Average - Here's What Happened
United Bancshares (NASDAQ:UBOH) stock has crossed above its 50-day moving average of $27.59, trading at $28.75 with a volume of 7,372 shares. The company has a market cap of $85.42 million and a P/E ratio of 9.36. Recently, it declared a quarterly dividend of $0.23 per share, up from $0.22, yielding 3.20%. Analysts currently rate the stock as a Hold, with other stocks recommended as better buys.
United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $27.59 and traded as high as $28.75. United Bancshares shares last traded at $28.75, with a volume of 7,372 shares trading hands.
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United Bancshares Price Performance
The company has a market cap of $85.42 million, a P/E ratio of 9.36 and a beta of 0.06. The company has a 50 day moving average of $27.59 and a 200-day moving average of $27.62.
United Bancshares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Wednesday, April 30th were given a dividend of $0.23 per share. This is an increase from United Bancshares's previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 3.20%. United Bancshares's dividend payout ratio (DPR) is presently 27.06%.
United Bancshares Company Profile
(Get Free Report)United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.
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