United Community Banks (NYSE:UCB) Rating Lowered to Hold at Raymond James Financial

Raymond James Financial cut shares of United Community Banks (NYSE:UCB - Free Report) from a moderate buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Separately, Wall Street Zen cut United Community Banks from a "hold" rating to a "sell" rating in a research report on Sunday, July 6th.

United Community Banks Trading Down 1.6%

United Community Banks stock traded down $0.50 during midday trading on Tuesday, reaching $31.17. 414,056 shares of the company were exchanged, compared to its average volume of 727,062. The stock has a market cap of $3.79 billion, a PE ratio of 14.77 and a beta of 0.78. United Community Banks has a 1 year low of $22.93 and a 1 year high of $35.38. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.07.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. The company accepts various deposit products, including checking, savings, money market, and other deposit accounts.