First Us Bancsh (NASDAQ:FUSB) Shares Cross Above 200-Day Moving Average – Here’s Why

First Us Bancsh (NASDAQ:FUSB) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.30 and traded as high as $16.99. First Us Bancsh shares last traded at $16.7440, with a volume of 3,712 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

First Us Bancsh Trading Up 1.5%

The stock’s fifty day simple moving average is $16.18 and its 200-day simple moving average is $15.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market cap of $93.26 million, a PE ratio of 16.10 and a beta of 0.22.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.33 earnings per share for the quarter. The firm had revenue of $19.27 million for the quarter. First Us Bancsh had a net margin of 9.65% and a return on equity of 5.92%.

First Us Bancsh Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, June 12th. First Us Bancsh’s payout ratio is presently 26.92%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in First Us Bancsh by 129.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock valued at $69,000 after buying an additional 2,805 shares during the last quarter. Daytona Street Capital LLC purchased a new position in First Us Bancsh during the 4th quarter worth approximately $169,000. Bank of America Corp DE lifted its stake in First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares during the period. Marble Wealth LLC acquired a new stake in First Us Bancsh during the 4th quarter valued at approximately $214,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of First Us Bancsh by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock valued at $506,000 after acquiring an additional 720 shares during the last quarter. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

About First Us Bancsh

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.