First Us Bancsh (NASDAQ:FUSB) Stock Passes Below 200-Day Moving Average - Here's What Happened

Key Points

• First Us Bancsh's stock price fell below its 200-day moving average of $12.93, trading at $11.04 with a volume of 2,505 shares.
• The company reported a net margin of 9.47% and earnings per share of $0.03 for the last quarter, with a revenue of $10.32 million.
• Institutional investors have increased their holdings in First Us Bancsh, with Northern Trust Corp boosting its stake by 54.5% in the fourth quarter.

First Us Bancsh (NASDAQ:FUSB - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.93 and traded as low as $11.04. First Us Bancsh shares last traded at $11.04, with a volume of 2,505 shares changing hands.

First Us Bancsh Trading Down 5.1%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $68.03 million, a PE ratio of 12.18 and a beta of 0.55. The stock has a 50-day moving average price of $12.74 and a two-hundred day moving average price of $12.91.

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

Hedge Funds Weigh In On First Us Bancsh

Several institutional investors have recently made changes to their positions in FUSB. Gendell Jeffrey L lifted its position in 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 valued at $4,873,000 after acquiring an additional 15,301 shares during the last quarter. Northern Trust Corp lifted its position in shares of First Us Bancsh by 54.5% in the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider's stock valued at $310,000 after acquiring an additional 8,690 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of First Us Bancsh by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider's stock valued at $398,000 after purchasing an additional 3,176 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of First Us Bancsh by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider's stock worth $735,000 after buying an additional 1,526 shares during the last quarter. Hedge funds and other institutional investors own 18.74% of the company's stock.

First Us Bancsh Company Profile

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.