First US Bancshares (NASDAQ:FUSB) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

First US Bancshares, Inc. (NASDAQ:FUSB) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.88 and traded as low as $12.51. First US Bancshares shares last traded at $12.65, with a volume of 432 shares traded.

First US Bancshares Price Performance

The firm has a market capitalization of $72.73 million, a P/E ratio of 9.51 and a beta of 0.49. The business’s 50-day simple moving average is $13.03 and its 200 day simple moving average is $12.88. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11.

First US Bancshares (NASDAQ:FUSB) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.29 EPS for the quarter. The company had revenue of $9.77 million for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.28 annualized dividend and a dividend yield of 2.21%. First US Bancshares’s dividend payout ratio is currently 21.88%.

Institutional Investors Weigh In On First US Bancshares

Several institutional investors have recently bought and sold shares of FUSB. Northern Trust Corp lifted its position in First US Bancshares by 54.5% in the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 8,690 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of First US Bancshares by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after buying an additional 3,176 shares during the period. Finally, Geode Capital Management LLC raised its holdings in First US Bancshares by 13.6% during the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after buying an additional 6,325 shares during the last quarter. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

About First US Bancshares

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.