United Community Financial Corp. (UCFC) Hits New 52-Week High at $6.86
Shares of United Community Financial Corp. (NASDAQ:UCFC) reached a new 52-week high on Friday . The stock traded as high as $6.86 and last traded at $6.86, with a volume of 26,090 shares trading hands. The stock had previously closed at $6.68.
UCFC has been the subject of several recent research reports. Zacks Investment Research lowered shares of United Community Financial Corp. from a “hold” rating to a “sell” rating in a research note on Saturday, April 23rd. Raymond James Financial Inc. upgraded shares of United Community Financial Corp. to a “strong-buy” rating in a research note on Monday, May 9th. KLR Group reiterated an “accumulate” rating on shares of United Community Financial Corp. in a research note on Thursday, May 26th. Finally, Seaport Global Securities reiterated a “buy” rating and set a $22.00 target price on shares of United Community Financial Corp. in a research note on Saturday, June 25th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $10.50.
The stock’s 50-day moving average is $6.27 and its 200 day moving average is $5.97. The stock has a market capitalization of $317.54 million and a P/E ratio of 19.03.
United Community Financial Corp. (NASDAQ:UCFC) last posted its quarterly earnings data on Tuesday, July 19th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. On average, analysts expect that United Community Financial Corp. will post $0.41 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Stockholders of record on Monday, August 1st will be given a $0.03 dividend. The ex-dividend date of this dividend is Thursday, July 28th. This is a positive change from United Community Financial Corp.’s previous quarterly dividend of $0.03. This represents a $0.12 annualized dividend and a dividend yield of 1.76%.
In other news, CEO Gary M. Small sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of $5.94, for a total value of $59,400.00. Following the completion of the sale, the chief executive officer now directly owns 121,274 shares of the company’s stock, valued at $720,367.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
United Community Financial Corp. is a unitary thrift holding company for The Home Savings and Loan Company of Youngstown, Ohio (the Bank). The Bank operates through banking services segment. The Bank conducts its business through over 30 retail banking offices and loan production centers located throughout Ohio and western Pennsylvania.
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