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 released on Tuesday morning,Zacks.com reports.
Separately, Wall Street Zen lowered shares of United Community Banks from a "hold" rating to a "sell" rating in a research report on Sunday.
Check Out Our Latest Research Report on UCB
United Community Banks Stock Up 0.3%
Shares of NYSE:UCB traded up $0.09 during midday trading on Tuesday, reaching $31.43. The company's stock had a trading volume of 536,371 shares, compared to its average volume of 731,235. The firm has a market capitalization of $3.82 billion, a P/E ratio of 14.90 and a beta of 0.78. United Community Banks has a twelve month low of $22.93 and a twelve month high of $35.38. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.78 and a quick ratio of 0.78.
About United Community Banks
(
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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.
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