First US Bancshares (NASDAQ:FUSB) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of First US Bancshares, Inc. (NASDAQ:FUSB) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.22 and traded as high as $13.21. First US Bancshares shares last traded at $13.21, with a volume of 316 shares changing hands.

First US Bancshares Price Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a fifty day simple moving average of $12.61 and a 200-day simple moving average of $11.22. The company has a market capitalization of $75.51 million, a price-to-earnings ratio of 9.44 and a beta of 0.92.

First US Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be paid a $0.07 dividend. This is a boost from First US Bancshares’s previous quarterly dividend of $0.05. This represents a $0.28 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Friday, December 13th. First US Bancshares’s payout ratio is currently 20.00%.

Institutional Trading of First US Bancshares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cahaba Wealth Management Inc. acquired a new stake in shares of First US Bancshares in the second quarter valued at about $118,000. Sanctuary Advisors LLC purchased a new position in First US Bancshares in the 3rd quarter valued at about $125,000. Finally, Geode Capital Management LLC boosted its holdings in First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock worth $611,000 after buying an additional 6,325 shares during the last quarter. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.