United Community Banks (NYSE:UCB) Downgraded by Raymond James Financial to "Hold"

Raymond James Financial lowered 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 morning,Zacks.com reports.

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

United Community Banks Price Performance

NYSE:UCB traded down $0.50 on Tuesday, hitting $31.17. The company's stock had a trading volume of 414,056 shares, compared to its average volume of 638,172. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 14.77 and a beta of 0.78. United Community Banks has a one year low of $22.93 and a one year high of $35.38.

About United Community Banks

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.