United Bancshares (NASDAQ:UBOH) Stock Passes Above 50 Day Moving Average - Here's What Happened

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.Get United Bancshares alerts:United Bancshares Price PerformanceThe 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 DividendThe 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.Further ReadingFive stocks we like better than United BancsharesP/E Ratio Calculation: How to Assess StocksJPMorgan Q2 Results Affirm Dividend, Buybacks, & Growth3 Grocery Stocks That Are Proving They Are Still Essential Goldman Spotlights These 3 Stocks in Its Bullish S&P 500 OutlookHow to Most Effectively Use the MarketBeat Earnings ScreenerFastenal Surges After Earnings Beat, Tariff Risks LoomThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in United Bancshares Right Now?Before you consider United Bancshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Bancshares wasn't on the list.While United Bancshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here