United Bancshares (NASDAQ:UBOH) Stock Crosses Below 200 Day Moving Average of $19.19

United Bancshares, Inc. (NASDAQ:UBOH – Get Rating)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $19.19 and traded as low as $18.17. United Bancshares shares last traded at $18.22, with a volume of 304 shares.

United Bancshares Stock Performance

The stock has a market cap of $57.21 million, a P/E ratio of 5.54 and a beta of 0.43. The company has a fifty day moving average of $19.21 and a 200 day moving average of $19.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.74 and a quick ratio of 0.74.

United Bancshares (NASDAQ:UBOH – Get Rating) last announced its earnings results on Thursday, April 20th. The bank reported $0.60 EPS for the quarter. United Bancshares had a return on equity of 0.04% and a net margin of 21.36%. The firm had revenue of $10.30 million for the quarter.

United Bancshares Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 15th. Shareholders of record on Tuesday, February 28th were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, February 27th. This represents a dividend yield of 4.31%. United Bancshares’s dividend payout ratio is currently 26.75%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in United Bancshares stock. Dimensional Fund Advisors LP raised its position in shares of United Bancshares, Inc. (NASDAQ:UBOH – Get Rating) by 0.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,806 shares of the bank’s stock after purchasing an additional 402 shares during the quarter. Dimensional Fund Advisors LP owned 2.46% of United Bancshares worth $2,599,000 at the end of the most recent quarter. Institutional investors and hedge funds own 1.25% of the company’s stock.

About United Bancshares

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United Bancshares, Inc is a financial holding company, which operates through its wholly owned subsidiary Union Bank Co It engages in banking and financial solutions and focuses on commercial banking industry. The firm offers checking, savings and money market, loans, credit cards, merchant services, treasury management, and online banking.