United Bancorp (NASDAQ:UBCP) Stock Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Shares of United Bancorp, Inc. (NASDAQ:UBCP) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $15.71 and traded as low as $15.17. United Bancorp shares last traded at $15.18, with a volume of 7,280 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut United Bancorp from a “buy (b+)” rating to a “hold (c)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, United Bancorp has an average rating of “Hold”.

United Bancorp Trading Down 2.4%

The business has a 50 day moving average of $15.64 and a two-hundred day moving average of $15.70. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.10. The firm has a market cap of $85.01 million, a P/E ratio of 10.73 and a beta of 0.32.

United Bancorp (NASDAQ:UBCP) last released its quarterly earnings data on Friday, July 24th. The financial services provider reported $0.36 EPS for the quarter. United Bancorp had a net margin of 16.55% and a return on equity of 11.53%. The firm had revenue of $8.62 million during the quarter.

United Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Thursday, September 10th were paid a dividend of $0.1975 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.3%. This is a boost from United Bancorp’s previous quarterly dividend of $0.1950. United Bancorp’s dividend payout ratio is 57.25%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UBCP. Susquehanna International Group LLP raised its holdings in United Bancorp by 10.4% in the 2nd quarter. Susquehanna International Group LLP now owns 18,063 shares of the financial services provider’s stock valued at $287,000 after acquiring an additional 1,695 shares during the period. Commonwealth Financial Services LLC boosted its holdings in shares of United Bancorp by 1.1% during the first quarter. Commonwealth Financial Services LLC now owns 87,355 shares of the financial services provider’s stock worth $1,329,000 after acquiring an additional 963 shares during the period. Vawter Financial Ltd. boosted its holdings in shares of United Bancorp by 1.9% during the first quarter. Vawter Financial Ltd. now owns 36,329 shares of the financial services provider’s stock worth $553,000 after acquiring an additional 671 shares during the period. Raffles Associates LP acquired a new position in shares of United Bancorp in the second quarter valued at approximately $281,000. Finally, BlackRock Inc. acquired a new position in shares of United Bancorp in the second quarter valued at approximately $464,000. Institutional investors and hedge funds own 15.42% of the company’s stock.

About United Bancorp

United Bancorp, Inc is a bank holding company headquartered in Martins Ferry, Ohio. Through its wholly owned subsidiary, Unified Bank, the company provides community banking services to individuals, families, businesses and public-sector organizations.

Unified Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer loans, business financing and agricultural loans. The bank also provides electronic banking, cash-management and other financial services designed to support personal and business customers.

United Bancorp serves communities in eastern Ohio and the Northern Panhandle of West Virginia through a network of banking offices.