United Bancorp (NASDAQ:UBCP) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

United Bancorp, Inc. (NASDAQ:UBCP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.45 and traded as high as $12.90. United Bancorp shares last traded at $12.41, with a volume of 5,372 shares trading hands.

United Bancorp Stock Up 0.3 %

The stock has a market capitalization of $71.85 million, a PE ratio of 8.99 and a beta of 0.41. The firm has a 50 day moving average of $12.84 and a two-hundred day moving average of $12.45. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51.

Hedge Funds Weigh In On United Bancorp

Hedge funds have recently bought and sold shares of the company. BBR Partners LLC purchased a new position in United Bancorp in the 3rd quarter valued at approximately $131,000. Koss Olinger Consulting LLC purchased a new position in United Bancorp in the 2nd quarter valued at approximately $293,000. Dimensional Fund Advisors LP grew its holdings in United Bancorp by 8.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock valued at $419,000 after buying an additional 2,575 shares during the last quarter. Vawter Financial Ltd. acquired a new stake in United Bancorp during the 2nd quarter valued at $457,000. Finally, Commonwealth Financial Services LLC grew its holdings in United Bancorp by 1.1% during the 3rd quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 988 shares during the last quarter. 15.42% of the stock is owned by hedge funds and other institutional investors.

About United Bancorp

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.