United Bancshares (NASDAQ:UBOH) Stock Crosses Above 50 Day Moving Average - Time to 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) shares 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.

United Bancshares Price Performance

The stock has a market cap of $88.62 million, a P/E ratio of 9.74 and a beta of 0.03. The business's 50 day simple moving average is $28.30 and its 200 day simple moving average is $27.66.

United Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid 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 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.