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United Bancorp (NASDAQ:UBCP) Shares Pass Below 200-Day Moving Average of $15.34

Defense World ·  Jan 17, 2023 02:52

United Bancorp, Inc. (NASDAQ:UBCP – Get Rating) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.34 and traded as low as $14.60. United Bancorp shares last traded at $14.60, with a volume of 4 shares trading hands.

United Bancorp Stock Performance

The stock has a market capitalization of $86.36 million, a price-to-earnings ratio of 9.61 and a beta of 0.24. The stock's 50 day moving average is $14.89 and its 200 day moving average is $15.34. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.45.

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United Bancorp (NASDAQ:UBCP – Get Rating) last issued its quarterly earnings data on Tuesday, November 1st. The financial services provider reported $0.40 EPS for the quarter. The firm had revenue of $7.41 million for the quarter. United Bancorp had a net margin of 29.10% and a return on equity of 14.26%.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Friday, December 9th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 4.38%. This is a boost from United Bancorp's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Thursday, December 8th. United Bancorp's dividend payout ratio is presently 42.11%.

Institutional Investors Weigh In On United Bancorp

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in United Bancorp by 8.9% in the 3rd quarter. Vanguard Group Inc. now owns 74,929 shares of the financial services provider's stock valued at $1,204,000 after acquiring an additional 6,101 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of United Bancorp by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 27,168 shares of the financial services provider's stock worth $490,000 after purchasing an additional 617 shares during the last quarter. Finally, State Street Corp acquired a new stake in shares of United Bancorp during the 2nd quarter worth about $167,000. 8.79% of the stock is owned by institutional investors and hedge funds.

United Bancorp Company Profile

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United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2021, the company operated through a network of banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia.

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