United Bancorporation of Alabama (OTCMKTS:UBAB) Shares Down 0.1% – What’s Next?

Shares of United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) dropped 0.1% during mid-day trading on Friday . The stock traded as low as $55.25 and last traded at $55.25. 8,900 shares changed hands during trading, an increase of 237% from the average daily volume of 2,640 shares. The stock had previously closed at $55.30.

United Bancorporation of Alabama Stock Down 0.1%

The firm has a 50-day moving average price of $53.71 and a 200 day moving average price of $52.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market cap of $169.62 million, a price-to-earnings ratio of 9.87 and a beta of 0.46.

United Bancorporation of Alabama (OTCMKTS:UBAB) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.51. The business had revenue of $19.37 million during the quarter, compared to analysts’ expectations of $22.50 million. United Bancorporation of Alabama had a return on equity of 13.65% and a net margin of 22.47%. Sell-side analysts predict that United Bancorporation of Alabama, Inc. will post 5.35 EPS for the current year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Mobile, Alabama, operating primarily through its wholly owned subsidiary, United Bank. As a community-oriented financial institution, the company focuses on serving individual consumers, small to mid-sized businesses, and municipal clients across Alabama’s Gulf Coast region. Its branch network and digital platforms provide access to a range of traditional banking services.

The company’s core offerings include demand and savings deposit accounts, money market accounts and certificates of deposit designed for both personal and business customers.