United Bancorporation of Alabama (OTCMKTS:UBAB) Stock Falls 0.5% – Here’s Why

Shares of United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) dropped 0.5% during trading on Friday. The stock traded as low as $60.30 and last traded at $60.70. Approximately 1,125 shares were traded during trading, an increase of 34% from the average daily volume of 841 shares. The stock had previously closed at $61.00.

United Bancorporation of Alabama Trading Down 0.5%

The company’s fifty day moving average price is $62.54 and its 200-day moving average price is $57.26. The stock has a market cap of $185.68 million, a price-to-earnings ratio of 9.87 and a beta of 0.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.89 and a quick ratio of 0.89.

United Bancorporation of Alabama (OTCMKTS:UBAB) last released its earnings results on Wednesday, August 5th. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.60. United Bancorporation of Alabama had a return on equity of 14.40% and a net margin of 23.54%. The firm had revenue of $19.82 million during the quarter, compared to the consensus estimate of $24.18 million. On average, research analysts expect that United Bancorporation of Alabama, Inc. will post 5.35 EPS for the current fiscal year.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Atmore, Alabama. Its principal subsidiary, United Bank, operates as a community bank serving individuals, families and businesses in portions of south Alabama and northwest Florida.

United Bank offers traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer and commercial lending, mortgage loans, online and mobile banking, and other deposit and treasury-management services.