First Us Bancsh (NASDAQ:FUSB) Shares Cross Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• First US Bancshares (NASDAQ:FUSB) shares fell below their 200-day moving average of $12.89, trading as low as $10.81 during recent market activity.
• The company posted a quarterly earnings report, revealing $0.03 earnings per share and $10.32 million in revenue, with a net margin of 9.47%.
• First US Bancshares announced a quarterly dividend of $0.07 per share, which will be paid on October 1st, representing a dividend yield of 2.6%.

First Us Bancsh (NASDAQ:FUSB - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.89 and traded as low as $10.81. First Us Bancsh shares last traded at $10.81, with a volume of 2,231 shares traded.

First Us Bancsh Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $62.27 million, a PE ratio of 11.14 and a beta of 0.55. The stock's 50-day moving average is $12.67 and its two-hundred day moving average is $12.89.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $0.03 earnings per share for the quarter. First Us Bancsh had a net margin of 9.47% and a return on equity of 5.86%. The company had revenue of $10.32 million for the quarter.

First Us Bancsh Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.6%. First Us Bancsh's dividend payout ratio (DPR) is presently 28.87%.

Hedge Funds Weigh In On First Us Bancsh

A number of institutional investors have recently modified their holdings of FUSB. Northern Trust Corp increased its position in shares of First Us Bancsh by 54.5% during the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider's stock worth $310,000 after acquiring an additional 8,690 shares during the period. Dimensional Fund Advisors LP increased its position in shares of First Us Bancsh by 11.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider's stock worth $398,000 after acquiring an additional 3,176 shares during the period. Geode Capital Management LLC increased its position in shares of First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider's stock worth $735,000 after acquiring an additional 1,526 shares during the period. Finally, Gendell Jeffrey L increased its position in shares of First Us Bancsh by 4.2% during the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider's stock worth $4,873,000 after acquiring an additional 15,301 shares during the period. 18.74% of the stock is owned by hedge funds and other institutional investors.

About First Us Bancsh

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.

This 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.