United Bancorporation of Alabama (OTCMKTS:UBAB) Shares Down 0.5% – Here’s What Happened

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

United Bancorporation of Alabama Stock Down 0.5%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market capitalization of $185.68 million, a PE ratio of 9.87 and a beta of 0.45. The business’s 50 day moving average price is $62.54 and its 200-day moving average price is $57.26.

United Bancorporation of Alabama (OTCMKTS:UBAB) last announced its earnings results on Wednesday, August 5th. The company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.60. The company had revenue of $19.82 million during the quarter, compared to analysts’ expectations of $24.18 million. United Bancorporation of Alabama had a return on equity of 14.40% and a net margin of 23.54%. As a group, equities research analysts forecast that United Bancorporation of Alabama, Inc. will post 5.35 earnings per share for the current 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.