First US Bancshares (NASDAQ:FUSB) Stock Price Passes Below 200 Day Moving Average of $9.64

First US Bancshares, Inc. (NASDAQ:FUSBGet Rating) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.64 and traded as low as $8.50. First US Bancshares shares last traded at $8.59, with a volume of 869 shares changing hands.

Analyst Upgrades and Downgrades

Separately, TheStreet downgraded First US Bancshares from a “b-” rating to a “c+” rating in a report on Friday, October 21st.

First US Bancshares Trading Up 0.1 %

The firm has a market capitalization of $49.93 million, a P/E ratio of 8.95 and a beta of 1.18. The firm has a 50-day moving average of $8.36 and a two-hundred day moving average of $9.64. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13.

First US Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 3rd. Investors of record on Friday, September 9th were paid a $0.03 dividend. The ex-dividend date was Thursday, September 8th. This represents a $0.12 annualized dividend and a dividend yield of 1.40%. First US Bancshares’s payout ratio is currently 12.50%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of First US Bancshares during the first quarter worth about $132,000. Buckingham Strategic Partners acquired a new stake in First US Bancshares during the 3rd quarter worth $88,000. UBS Group AG boosted its holdings in shares of First US Bancshares by 1,891.8% in the third quarter. UBS Group AG now owns 4,382 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 4,162 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in First US Bancshares by 12.0% during the first quarter. BlackRock Inc. now owns 22,483 shares of the financial services provider’s stock worth $262,000 after buying an additional 2,411 shares in the last quarter. Hedge funds and other institutional investors own 18.61% of the company’s stock.

First US Bancshares Company Profile

(Get Rating)

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.

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