United Security Bancshares (NASDAQ:UBFO) Stock Crosses Below Two Hundred Day Moving Average of $8.14

United Security Bancshares (NASDAQ:UBFO)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.14 and traded as low as $7.86. United Security Bancshares shares last traded at $7.96, with a volume of 21,810 shares traded.

The company has a market cap of $135.40 million, a price-to-earnings ratio of 16.58 and a beta of 0.84. The company has a fifty day moving average price of $8.10 and a two-hundred day moving average price of $8.14. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.10.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Wednesday, July 21st. The financial services provider reported $0.16 earnings per share for the quarter. United Security Bancshares had a return on equity of 7.05% and a net margin of 22.50%. The company had revenue of $10.21 million for the quarter.

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada boosted its stake in United Security Bancshares by 263.3% in the 2nd quarter. Royal Bank of Canada now owns 3,891 shares of the financial services provider’s stock valued at $32,000 after buying an additional 2,820 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in United Security Bancshares by 70.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,251 shares of the financial services provider’s stock valued at $51,000 after buying an additional 2,591 shares in the last quarter. LPL Financial LLC acquired a new stake in United Security Bancshares in the 2nd quarter valued at $82,000. The Manufacturers Life Insurance Company acquired a new stake in United Security Bancshares in the 1st quarter valued at $111,000. Finally, Goldman Sachs Group Inc. boosted its stake in United Security Bancshares by 15.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,598 shares of the financial services provider’s stock valued at $144,000 after buying an additional 2,308 shares in the last quarter. 26.06% of the stock is currently owned by institutional investors and hedge funds.

United Security Bancshares Company Profile (NASDAQ:UBFO)

United Security Bancshares (California) is a holding company, which engages in the provision of commercial banking services. Its portfolio consists of commercial and industrial, government program, commercial real estate, residential mortgages, home improvement and home equity, real estate construction and development, agricultural, and installment and student loans.

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