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University Bancorp (OTCMKTS:UNIB) Stock Price Up 0.2% - Still a Buy?

University Bancorp logo with Finance background

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

University Bancorp Stock Up 0.2%

The firm has a fifty day simple moving average of $15.56 and a 200-day simple moving average of $16.14.

University Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, April 11th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.53%. The ex-dividend date was Friday, April 11th.

About University Bancorp

(Get Free Report)

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.

Further Reading

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