University Bancorp (OTCMKTS:UNIB) Trading Up 0.2% - Should You Buy?

University Bancorp Inc. (OTCMKTS:UNIB - Get Free Report)'s share price shot up 0.2% during trading on Wednesday . The company traded as high as $15.83 and last traded at $15.83. 300 shares were traded during trading, a decline of 7% from the average session volume of 322 shares. The stock had previously closed at $15.80.

University Bancorp Stock Down 0.4%

The business has a fifty day moving average of $15.61 and a 200 day moving average of $16.13.

University Bancorp Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, April 11th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.54%. The ex-dividend date was Friday, April 11th.

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.