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United Bancshares (NASDAQ:UBOH) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

United Bancshares logo with Finance background

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $26.25 and traded as high as $27.62. United Bancshares shares last traded at $27.62, with a volume of 2,002 shares trading hands.

United Bancshares Stock Performance

The company has a 50-day simple moving average of $26.24 and a 200-day simple moving average of $26.50. The stock has a market cap of $82.31 million, a P/E ratio of 9.00 and a beta of 0.04.

United Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Wednesday, April 30th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.33%. This is an increase from United Bancshares's previous quarterly dividend of $0.22. United Bancshares's payout ratio is presently 27.06%.

United Bancshares Company Profile

(Get Free Report)

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.

Further Reading

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