United Bancshares (NASDAQ:UBOH) Share Price Passes Above Fifty Day Moving Average – Here’s Why

United Bancshares, Inc. (NASDAQ:UBOH)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $23.19 and traded as high as $31.00. United Bancshares shares last traded at $31.00, with a volume of 17,650 shares changing hands.

United Bancshares Stock Up 4.7 %

The firm has a fifty day moving average of $23.19 and a 200-day moving average of $20.83. The firm has a market cap of $91.70 million, a P/E ratio of 10.99 and a beta of 0.36.

United Bancshares (NASDAQ:UBOH) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $0.83 earnings per share (EPS) for the quarter. The company had revenue of $10.46 million for the quarter.

United Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.84%. The ex-dividend date was Friday, November 29th. United Bancshares’s dividend payout ratio (DPR) 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.