United Bancorp (NASDAQ:UBCP) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

United Bancorp, Inc. (NASDAQ:UBCP)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.58 and traded as high as $13.35. United Bancorp shares last traded at $13.09, with a volume of 1,204 shares trading hands.

United Bancorp Price Performance

The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.63. The company has a market cap of $78.42 million, a PE ratio of 8.29 and a beta of 0.41. The stock has a 50-day simple moving average of $12.33 and a 200 day simple moving average of $12.58.

United Bancorp (NASDAQ:UBCP) last posted its earnings results on Wednesday, August 7th. The financial services provider reported $0.30 EPS for the quarter. United Bancorp had a return on equity of 14.19% and a net margin of 19.85%. The company had revenue of $7.39 million for the quarter.

United Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Tuesday, September 10th were given a $0.1775 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $0.71 dividend on an annualized basis and a yield of 5.39%. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s payout ratio is currently 44.65%.

Institutional Investors Weigh In On United Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Koss Olinger Consulting LLC purchased a new stake in United Bancorp in the second quarter valued at $293,000. Dimensional Fund Advisors LP grew its stake in shares of United Bancorp by 8.4% in the second quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock valued at $419,000 after buying an additional 2,575 shares in the last quarter. Finally, Vawter Financial Ltd. acquired a new stake in shares of United Bancorp in the second quarter valued at $457,000. Hedge funds and other institutional investors own 15.42% of the company’s stock.

About United Bancorp

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.