United Bancorporation of Alabama (OTCMKTS:UBAB) Shares Up 0.9% – Here’s Why

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB)’s share price traded up 0.9% on Monday . The company traded as high as $58.00 and last traded at $58.00. 132 shares were traded during mid-day trading, a decline of 74% from the average session volume of 500 shares. The stock had previously closed at $57.50.

United Bancorporation of Alabama Stock Up 0.9 %

The business has a 50-day moving average price of $57.66 and a 200-day moving average price of $53.27. The stock has a market cap of $195.46 million, a PE ratio of 6.80 and a beta of 0.40. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23.

United Bancorporation of Alabama (OTCMKTS:UBAB) last released its quarterly earnings results on Friday, October 25th. The company reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.10). United Bancorporation of Alabama had a return on equity of 22.48% and a net margin of 31.02%. The company had revenue of $22.67 million for the quarter. As a group, analysts forecast that United Bancorporation of Alabama, Inc. will post 6.88 earnings per share for the current year.

United Bancorporation of Alabama Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a $0.60 dividend. This is a boost from United Bancorporation of Alabama’s previous dividend of $0.35. The ex-dividend date was Tuesday, December 31st. United Bancorporation of Alabama’s dividend payout ratio is 14.07%.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.