United Bancshares (NASDAQ:UBOH) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• United Bancshares stock has crossed above its 50-day moving average of $28.17, reaching a high of $29.43 during trading.
• The company has announced a quarterly dividend of $0.23 per share, with a dividend yield of 3.2%, to be paid on September 15th.
• United Bancshares has a market capitalization of $86.28 million and a low beta of 0.03, indicating less volatility compared to the overall market.

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $28.17 and traded as high as $29.43. United Bancshares shares last traded at $29.11, with a volume of 470 shares changing hands.

United Bancshares Stock Up 2.0%

The business's fifty day moving average is $28.30 and its two-hundred day moving average is $27.66. The stock has a market capitalization of $88.62 million, a PE ratio of 9.74 and a beta of 0.03.

United Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.1%. United Bancshares's payout ratio is 23.96%.

United Bancshares Company Profile

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.