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

Key Points

• First Us Bancsh (NASDAQ:FUSB) stock price fell below its 200-day moving average of $12.95, trading at $12.86 on Wednesday with a slight decline of 0.8%.
• The company reported quarterly earnings of $0.03 EPS with revenue of $10.32 million, demonstrating a net margin of 9.47% and a return on equity of 5.90%.
• First Us Bancsh declared a quarterly dividend of $0.07 per share, resulting in an annualized yield of 2.2% with a dividend payout ratio of 28.87%.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.95 and traded as low as $12.94. First Us Bancsh shares last traded at $12.86, with a volume of 1,290 shares trading hands.

First Us Bancsh Stock Up 1.7%

The stock has a market cap of $75.25 million, a PE ratio of 13.47 and a beta of 0.55. 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 company's 50-day moving average price is $12.87 and its 200 day moving average price is $12.96.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $0.03 EPS for the quarter. First Us Bancsh had a net margin of 9.47% and a return on equity of 5.90%. The firm had revenue of $10.32 million during the quarter.

First Us Bancsh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 13th were paid a dividend of $0.07 per share. The ex-dividend date was Friday, June 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.1%. First Us Bancsh's payout ratio is 28.87%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in First Us Bancsh by 11.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider's stock worth $398,000 after purchasing an additional 3,176 shares during the period. Northern Trust Corp boosted its stake in First Us Bancsh by 54.5% in the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider's stock worth $310,000 after purchasing an additional 8,690 shares during the period. Finally, Geode Capital Management LLC boosted its stake in First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider's stock worth $735,000 after purchasing an additional 1,526 shares during the period. 18.74% of the stock is currently 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.