United Bancshares (NASDAQ:UBOH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of United Bancshares, Inc. (NASDAQ:UBOH) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $20.48 and traded as high as $21.56. United Bancshares shares last traded at $21.50, with a volume of 708 shares traded.

United Bancshares Stock Performance

The business has a 50 day moving average price of $20.48 and a 200-day moving average price of $19.53. The company has a market capitalization of $64.07 million, a price-to-earnings ratio of 7.62 and a beta of 0.35.

United Bancshares (NASDAQ:UBOH) last issued its earnings results on Thursday, October 17th. The bank reported $0.83 earnings per share for the quarter. The business had revenue of $10.46 million during the quarter.

United Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a $0.22 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.88 dividend on an annualized basis and a yield of 4.09%. United Bancshares’s payout ratio is currently 31.21%.

About United Bancshares

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.