First Us Bancsh (NASDAQ:FUSB) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• First US Bancshares shares moved above their 200-day moving average, reaching $16.54 before closing at $16.45, compared with a 200-day average of $15.94.
• Analyst sentiment remains cautious: Weiss Ratings reaffirmed a “hold (C)” rating, and the stock has a consensus “Hold” rating.
• The company reported quarterly EPS of $0.31 on revenue of $20.32 million, with a 12.10% net margin and 7.41% return on equity; institutional investors own 18.74% of outstanding shares.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.94 and traded as high as $16.54. First Us Bancsh shares last traded at $16.45, with a volume of 306,694 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of First Us Bancsh in a report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold".

First Us Bancsh Trading Up 0.2%

The firm has a market capitalization of $90.56 million, a P/E ratio of 12.46 and a beta of 0.22. The business's 50 day moving average is $16.54 and its two-hundred day moving average is $15.94. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.11.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $20.32 million during the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.41%.

Institutional Trading of First Us Bancsh

Hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC boosted its stake in First Us Bancsh by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider's stock valued at $821,000 after buying an additional 1,793 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in First Us Bancsh by 100.0% in the first quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider's stock worth $152,000 after acquiring an additional 4,966 shares in the last quarter. Dimensional Fund Advisors LP raised its position in First Us Bancsh by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider's stock worth $506,000 after acquiring an additional 720 shares in the last quarter. Bank of America Corp DE lifted its holdings in First Us Bancsh by 37.3% in the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider's stock valued at $193,000 after acquiring an additional 4,365 shares during the last quarter. Finally, Marble Wealth LLC acquired a new stake in First Us Bancsh in the 4th quarter valued at about $214,000. Institutional investors own 18.74% of the company's stock.

About First Us Bancsh

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm's core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.

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