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United Bancshares (NASDAQ:UBOH) Shares Cross Above Fifty Day Moving Average - Here's Why

United Bancshares logo with Finance background

Key Points

  • United Bancshares shares have crossed above their fifty-day moving average of $33.63, trading as high as $36.20 before closing at $35.73.
  • The company recently announced a quarterly dividend of $0.23 per share, translating to an annualized yield of 2.6% and a payout ratio of 23.96%.
  • United Bancshares holds a market capitalization of $106.15 million and has a price-to-earnings ratio of 11.64.
  • MarketBeat previews top five stocks to own in November.

Shares of United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $33.63 and traded as high as $36.20. United Bancshares shares last traded at $35.73, with a volume of 659 shares trading hands.

United Bancshares Price Performance

The stock's fifty day moving average price is $33.63 and its 200-day moving average price is $29.38. The firm has a market cap of $106.15 million, a price-to-earnings ratio of 11.64 and a beta of 0.14.

United Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.6%. United Bancshares's 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.

Further Reading

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