University Bancorp (OTCMKTS:UNIB) Stock Price Down 0.5% - Here's Why

Key Points

• University Bancorp shares fell by 0.5%, trading at approximately $15.82, with a notable trading volume increase of 189% compared to the average session.
• The company's 50-day moving average is $15.87, while the 200-day moving average is $15.91, indicating relatively stable stock performance.
• University Bancorp operates as a bank holding company providing a wide range of banking services, including personal and business loans, as well as various types of deposit accounts.

University Bancorp Inc. (OTCMKTS:UNIB - Get Free Report)'s stock price dropped 0.5% during trading on Tuesday . The company traded as low as $15.60 and last traded at $15.82. Approximately 437 shares changed hands during mid-day trading, an increase of 189% from the average daily volume of 151 shares. The stock had previously closed at $15.90.

University Bancorp Price Performance

The stock's 50 day simple moving average is $15.86 and its two-hundred day simple moving average is $15.89.

About University Bancorp

University Bancorp, Inc operates as the bank holding company for University Bank that provides various personal, business, and community banking services in the United States. It offers checking, NOW, savings, money market, time deposit, and certificates of deposit accounts. The company's consumer loans include home equity, short term, automobile, personal, and recreational vehicle loans, as well as home equity lines of credits; SBA, commercial real estate, equipment, home improvement, and other instalment loans; and non-profit loans, as well as working capital lines of credit.