FIRST US BANCSH (NASDAQ:FUSB) Shares Pass Below Two Hundred Day Moving Average - Here's What Happened

FIRST US BANCSH (NASDAQ:FUSB - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.01 and traded as low as $12.87. FIRST US BANCSH shares last traded at $12.87, with a volume of 1,348 shares traded.

FIRST US BANCSH Price Performance

The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $73.26 million, a PE ratio of 9.95 and a beta of 0.49. The company has a 50-day moving average of $12.75 and a 200 day moving average of $12.99.

FIRST US BANCSH (NASDAQ:FUSB - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.29 EPS for the quarter. FIRST US BANCSH had a return on equity of 7.99% and a net margin of 12.72%. The firm had revenue of $9.77 million during the quarter.

FIRST US BANCSH Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, June 13th. FIRST US BANCSH's dividend payout ratio (DPR) is currently 21.88%.

Hedge Funds Weigh In On FIRST US BANCSH

A hedge fund recently raised its stake in FIRST US BANCSH stock. Northern Trust Corp boosted its stake in shares of FIRST US BANCSH (NASDAQ:FUSB - Free Report) by 54.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,644 shares of the financial services provider's stock after buying an additional 8,690 shares during the period. Northern Trust Corp owned 0.43% of FIRST US BANCSH worth $310,000 at the end of the most recent quarter. 18.74% of the stock is owned by 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.