United Bancshares (NASDAQ:UBOH) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

by · The Cerbat Gem

Shares of United Bancshares, Inc. (NASDAQ:UBOH – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.14 and traded as high as $21.00. United Bancshares shares last traded at $20.52, with a volume of 15,274 shares traded.

United Bancshares Price Performance

The firm has a market cap of $60.95 million, a price-to-earnings ratio of 7.27 and a beta of 0.36. The business’s 50-day moving average price is $20.18 and its two-hundred day moving average price is $19.29.

United Bancshares (NASDAQ:UBOH – Get Free Report) last released its quarterly earnings results on Thursday, October 17th. The bank reported $0.83 earnings per share for the quarter. The company had revenue of $10.46 million for the quarter.

United Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date is Friday, November 29th. United Bancshares’s dividend payout ratio is presently 31.32%.

About United Bancshares

(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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