United Bancorp (NASDAQ:UBCP) Shares Cross Above 200-Day Moving Average of $0.00

Shares of United Bancorp, Inc. (NASDAQ:UBCP) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $11.50. United Bancorp shares last traded at $11.50, with a volume of 701 shares trading hands.

Separately, ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.

The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $65.98 million, a PE ratio of 11.16 and a beta of 0.11. The company’s 50-day moving average price is $11.36.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.28 EPS for the quarter. United Bancorp had a return on equity of 11.82% and a net margin of 17.76%. The company had revenue of $6.05 million for the quarter.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Monday, June 10th were issued a $0.135 dividend. The ex-dividend date of this dividend was Friday, June 7th. This is a boost from United Bancorp’s previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a yield of 4.70%.

In other United Bancorp news, Director Gary W. Glessner purchased 2,700 shares of the stock in a transaction that occurred on Thursday, May 30th. The shares were bought at an average cost of $11.50 per share, with a total value of $31,050.00. Following the acquisition, the director now owns 50,140 shares in the company, valued at $576,610. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.50% of the stock is currently owned by insiders.

An institutional investor recently bought a new position in United Bancorp stock. Dimensional Fund Advisors LP purchased a new position in United Bancorp, Inc. (NASDAQ:UBCP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,914 shares of the financial services provider’s stock, valued at approximately $189,000. Dimensional Fund Advisors LP owned approximately 0.29% of United Bancorp at the end of the most recent quarter. 11.59% of the stock is owned by hedge funds and other institutional investors.

United Bancorp Company Profile (NASDAQ:UBCP)

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. The company also offers brokerage services. As of April 24, 2019, it operated through a network of 19 banking offices in the Ohio counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas; and a loan production office in Wheeling, West Virginia.

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