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United Bancshares (NASDAQ:UBOH) Stock Passes Above 50 Day Moving Average - Should You Sell?

United Bancshares logo with Finance background

Key Points

  • United Bancshares (NASDAQ:UBOH) stock surpassed its 50-day moving average of $28.46, reaching a high of $29.51 during trading, showing positive momentum.
  • The company announced a quarterly dividend of $0.23, with a dividend yield of 3.1%, reflecting a payout ratio of 23.96%.
  • United Bancshares has a market capitalization of $87.44 million and a PE ratio of 9.61, indicating potential value in the stock.
  • 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) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $28.46 and traded as high as $29.51. United Bancshares shares last traded at $29.50, with a volume of 4,169 shares changing hands.

United Bancshares Price Performance

The company has a market capitalization of $87.44 million, a PE ratio of 9.61 and a beta of 0.03. The company has a 50-day moving average of $28.46 and a two-hundred day moving average of $27.70.

United Bancshares Announces Dividend

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

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.

See Also

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