First US Bancshares (NASDAQ:FUSB) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

First US Bancshares, Inc. (NASDAQ:FUSB)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.27 and traded as high as $11.62. First US Bancshares shares last traded at $11.30, with a volume of 2,699 shares traded.

First US Bancshares Price Performance

The business has a fifty day moving average of $10.93 and a 200 day moving average of $10.28. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market cap of $65.42 million, a PE ratio of 8.43 and a beta of 0.92.

First US Bancshares (NASDAQ:FUSB) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.34 EPS for the quarter. The company had revenue of $10.01 million during the quarter. First US Bancshares had a return on equity of 9.47% and a net margin of 14.34%.

First US Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.77%. First US Bancshares’s dividend payout ratio (DPR) is presently 14.93%.

Hedge Funds Weigh In On First US Bancshares

A number of hedge funds have recently bought and sold shares of the company. Diversified LLC bought a new position in First US Bancshares during the 2nd quarter worth approximately $106,000. Cahaba Wealth Management Inc. acquired a new stake in shares of First US Bancshares during the 2nd quarter valued at approximately $118,000. Finally, Gendell Jeffrey L lifted its stake in First US Bancshares by 14.0% during the first quarter. Gendell Jeffrey L now owns 332,957 shares of the financial services provider’s stock worth $3,083,000 after purchasing an additional 40,976 shares during the last quarter. 18.74% of the stock is currently owned by institutional investors and hedge funds.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.