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United Bancshares (NASDAQ:UBOH) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

United Bancshares logo with Finance background

Key Points

  • United Bancshares (NASDAQ: UBOH) saw its stock price rise above its fifty-day moving average, reaching a high of $29.50.
  • The company declared a quarterly dividend of $0.23 per share, reflecting an annual yield of 3.1% with a payout ratio of 23.96%.
  • United Bancshares has a market capitalization of $87.44 million and a price-to-earnings ratio of 9.61.
  • Want stock alerts on United Bancshares? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $28.68 and traded as high as $29.50. United Bancshares shares last traded at $29.50, with a volume of 821 shares changing hands.

United Bancshares Trading Up 0.3%

The firm has a market cap of $87.44 million, a price-to-earnings ratio of 9.61 and a beta of 0.03. The business's 50-day simple moving average is $28.68 and its two-hundred day simple moving average is $27.72.

United Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.1%. United Bancshares's dividend payout ratio is presently 23.96%.

About United Bancshares

(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.

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