University Bancorp (OTCMKTS:UNIB) Trading 0.1% Higher – Still a Buy?
by Kim Johansen · The Markets DailyUniversity Bancorp Inc. (OTCMKTS:UNIB – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Thursday . The company traded as high as $22.52 and last traded at $22.52. 100 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 239 shares. The stock had previously closed at $22.50.
University Bancorp Trading Up 0.1%
The company has a fifty day moving average price of $22.12 and a 200-day moving average price of $21.80.
About University Bancorp
University Bancorp, Inc is the bank holding company for University National Bank, a community-focused financial institution based in Lubbock, Texas. Through its subsidiary, the company offers a range of retail and commercial banking services designed to meet the needs of individuals, businesses and non-profit organizations. University Bancorp operates under the OTCMKTS symbol UNIB, reflecting its status as an over-the-counter publicly traded entity.
The company’s core business activities include deposit products such as checking, savings and money market accounts, as well as consumer and commercial lending.