United Bancshares (NASDAQ:UBOH) Shares Pass Above 50 Day Moving Average – Here’s What Happened

United Bancshares, Inc. (NASDAQ:UBOHGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $20.14 and traded as high as $21.00. United Bancshares shares last traded at $20.52, with a volume of 15,274 shares changing hands.

United Bancshares Price Performance

The stock has a market cap of $61.19 million, a price-to-earnings ratio of 7.30 and a beta of 0.36. The firm has a 50 day simple moving average of $20.14 and a two-hundred day simple moving average of $19.27.

United Bancshares (NASDAQ:UBOHGet Free Report) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $0.83 earnings per share for the quarter. The firm had revenue of $10.46 million during the quarter.

About United Bancshares

(Get Free Report)

United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and consumer banking services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.

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