United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB – Get Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 857 shares, a decline of 44.6% from the August 15th total of 1,548 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 893 shares, the days-to-cover ratio is presently 1.0 days.
United Bancorporation of Alabama Price Performance
UBAB stock opened at $64.80 on Thursday. The company has a 50 day simple moving average of $61.43 and a 200 day simple moving average of $55.77. United Bancorporation of Alabama has a 1 year low of $49.01 and a 1 year high of $66.00. The stock has a market cap of $198.29 million, a price-to-earnings ratio of 10.54 and a beta of 0.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.89 and a quick ratio of 0.89.
United Bancorporation of Alabama (OTCMKTS:UBAB – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.60. The company had revenue of $19.82 million for the quarter, compared to analysts’ expectations of $24.18 million. United Bancorporation of Alabama had a net margin of 23.54% and a return on equity of 14.40%. Research analysts anticipate that United Bancorporation of Alabama will post 5.35 EPS for the current fiscal year.
About United Bancorporation of Alabama
United Bancorporation of Alabama, Inc is a bank holding company headquartered in Atmore, Alabama. Its principal subsidiary, United Bank, is a community banking institution that provides deposit, lending and other financial services to individuals, families and businesses.
United Bank offers checking and savings accounts, certificates of deposit, consumer loans, residential mortgage lending, commercial loans and agricultural financing. The bank also provides online and mobile banking, treasury management and other services designed to support personal and business banking needs.
Founded in 1904, United Bank has a long history of serving communities in south Alabama and northwest Florida.
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