United Bancorporation of Alabama (OTCMKTS:UBAB) Stock Price Up 0.9% – Still a Buy?

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) shares rose 0.9% on Monday . The company traded as high as $58.00 and last traded at $58.00. Approximately 132 shares changed hands during trading, a decline of 74% from the average daily volume of 500 shares. The stock had previously closed at $57.50.

United Bancorporation of Alabama Trading Up 0.9 %

The business’s 50-day simple moving average is $57.66 and its two-hundred day simple moving average is $53.27. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $195.46 million, a price-to-earnings ratio of 6.80 and a beta of 0.40.

United Bancorporation of Alabama (OTCMKTS:UBAB) last announced its earnings results on Friday, October 25th. The company reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.10). United Bancorporation of Alabama had a net margin of 31.02% and a return on equity of 22.48%. The firm had revenue of $22.67 million during the quarter. Equities analysts forecast that United Bancorporation of Alabama, Inc. will post 6.88 earnings per share for the current year.

United Bancorporation of Alabama Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This is an increase from United Bancorporation of Alabama’s previous dividend of $0.35. United Bancorporation of Alabama’s payout ratio is currently 14.07%.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.