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United Bancshares (NASDAQ:UBOH) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

United Bancshares logo with Finance background

United Bancshares, Inc. (NASDAQ:UBOH - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.35 and traded as high as $26.95. United Bancshares shares last traded at $26.55, with a volume of 950 shares trading hands.

United Bancshares Trading Down 1.7%

The firm's 50-day moving average is $26.35 and its 200-day moving average is $26.16. The firm has a market cap of $79.12 million, a price-to-earnings ratio of 8.65 and a beta of 0.04.

United Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.47%. This is an increase from United Bancshares's previous quarterly dividend of $0.22. United Bancshares's payout ratio is currently 27.06%.

About United Bancshares

(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.

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