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

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.

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report)'s share price passed 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 traded.

United Bancshares Stock Down 0.6%

The company has a market capitalization of $86.95 million, a PE ratio of 9.56 and a beta of 0.03. The company has a 50-day moving average price of $28.53 and a two-hundred day moving average price of $27.69.

United Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders 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%.

About United Bancshares

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.