United Bancorp (NASDAQ:UBCP) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

United Bancorp, Inc. (NASDAQ:UBCP) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.82 and traded as high as $13.99. United Bancorp shares last traded at $13.91, with a volume of 3,562 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of United Bancorp in a research note on Wednesday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

United Bancorp Price Performance

The stock’s 50 day moving average is $13.81 and its two-hundred day moving average is $13.82. The stock has a market capitalization of $80.26 million, a PE ratio of 10.70 and a beta of 0.39. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.78 and a quick ratio of 0.78.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Friday, November 7th. The financial services provider reported $0.34 EPS for the quarter. United Bancorp had a net margin of 16.39% and a return on equity of 12.09%. The company had revenue of $8.08 million during the quarter.

United Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 10th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.5%. This is a boost from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, December 10th. United Bancorp’s dividend payout ratio is currently 58.46%.

Institutional Trading of United Bancorp

A number of institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new position in shares of United Bancorp during the 3rd quarter worth about $151,000. Vawter Financial Ltd. acquired a new stake in shares of United Bancorp during the 3rd quarter worth about $523,000. Founders Financial Alliance LLC lifted its stake in United Bancorp by 11.3% during the third quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock worth $521,000 after purchasing an additional 3,784 shares during the last quarter. Vanguard Group Inc. boosted its holdings in United Bancorp by 8.7% in the third quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock valued at $1,332,000 after purchasing an additional 7,605 shares in the last quarter. Finally, Commonwealth Financial Services LLC increased its stake in United Bancorp by 1.2% in the third quarter. Commonwealth Financial Services LLC now owns 85,379 shares of the financial services provider’s stock valued at $1,193,000 after purchasing an additional 1,023 shares during the last quarter. 15.42% of the stock is owned by hedge funds and other institutional investors.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.