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United Bancshares (NASDAQ:UBOH) Stock Passes Below 200-Day Moving Average - Here's Why

United Bancshares logo with Finance background
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Key Points

  • United Bancshares (NASDAQ:UBOH) passed below its 200-day moving average of $38.33, trading as low as $37.38 on Wednesday with light volume (~1,244 shares).
  • The company is a small-cap bank with a market capitalization of $102.94 million, a P/E ratio of 12.18 and a beta of -0.05.
  • United Bancshares is a Baton Rouge-based bank holding company (United Bank & Trust) serving the Gulf Coast with deposit, lending and digital banking services.
  • MarketBeat previews the top five stocks to own by June 1st.

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $38.33 and traded as low as $37.38. United Bancshares shares last traded at $37.38, with a volume of 1,244 shares traded.

United Bancshares Stock Down 0.1%

The company has a 50 day simple moving average of $38.47 and a two-hundred day simple moving average of $38.33. The company has a market capitalization of $102.94 million, a P/E ratio of 12.18 and a beta of -0.05.

About United Bancshares

(Get Free Report)

United Bancshares, Inc is a bank holding company headquartered in Baton Rouge, Louisiana, serving as the parent of United Bank & Trust. The company provides a broad range of personal and commercial banking services to customers across the Gulf Coast region, leveraging a network of branch locations complemented by online and mobile banking platforms.

United Bank & Trust offers deposit products including checking and savings accounts, certificates of deposit, and money market accounts. The company focuses on delivering convenient and accessible banking through digital channels, enabling customers to manage accounts, make payments, and access account information from anywhere.

Lending solutions form a significant part of United Bancshares' operations.

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