First US Bancshares (NASDAQ:FUSB) Shares Pass Below 200 Day Moving Average of $9.99

First US Bancshares, Inc. (NASDAQ:FUSB)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.99 and traded as low as $8.75. First US Bancshares shares last traded at $8.75, with a volume of 9,942 shares.

First US Bancshares Stock Up 5.4 %

The stock has a market cap of $53.38 million, a P/E ratio of 6.88 and a beta of 0.91. The stock’s fifty day moving average price is $10.14 and its 200 day moving average price is $9.99. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.12.

First US Bancshares (NASDAQ:FUSB) last announced its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. First US Bancshares had a net margin of 14.55% and a return on equity of 9.57%. The company had revenue of $9.91 million during the quarter.

First US Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 7th will be paid a $0.05 dividend. The ex-dividend date is Friday, June 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.17%. First US Bancshares’s dividend payout ratio (DPR) is 14.93%.

Insider Activity

In other First US Bancshares news, EVP William C. Mitchell sold 3,350 shares of the stock in a transaction on Friday, June 7th. The shares were sold at an average price of $10.47, for a total transaction of $35,074.50. Following the completion of the sale, the executive vice president now owns 17,246 shares of the company’s stock, valued at approximately $180,565.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On First US Bancshares

A hedge fund recently raised its stake in First US Bancshares stock. Gendell Jeffrey L lifted its stake in First US Bancshares, Inc. (NASDAQ:FUSB) by 14.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 332,957 shares of the financial services provider’s stock after purchasing an additional 40,976 shares during the period. Gendell Jeffrey L owned 5.75% of First US Bancshares worth $3,083,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 18.74% of the company’s stock.

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.