United Bancorp (NASDAQ:UBCP) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

by · The Markets Daily

United Bancorp, Inc. (NASDAQ:UBCP – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.63 and traded as low as $12.52. United Bancorp shares last traded at $12.53, with a volume of 16,777 shares.

United Bancorp Trading Up 0.2 %

The stock has a fifty day moving average of $13.18 and a 200 day moving average of $12.64. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $72.54 million, a P/E ratio of 9.08 and a beta of 0.41.

United Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th were given a dividend of $0.18 per share. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date was Tuesday, December 10th. United Bancorp’s payout ratio is presently 52.17%.

Institutional Investors Weigh In On United Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Financial Services LLC increased its stake in shares of United Bancorp by 1.1% in the third quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock worth $1,183,000 after purchasing an additional 988 shares in the last quarter. Vawter Financial Ltd. bought a new position in United Bancorp in the 2nd quarter worth $457,000. Dimensional Fund Advisors LP increased its stake in United Bancorp by 8.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock worth $419,000 after buying an additional 2,575 shares in the last quarter. Koss Olinger Consulting LLC purchased a new position in shares of United Bancorp in the second quarter valued at about $293,000. Finally, BBR Partners LLC bought a new position in shares of United Bancorp in the third quarter worth about $131,000. Institutional investors own 15.42% of the company’s stock.

About United Bancorp

(Get Free Report)

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.

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