United Bancorporation of Alabama, Inc.’s short positions had increased significantly.
In January (OTCMKTS: UBAB).
On January 15, 300 shares were available for a short sale.
This represents an increase of 50.0% compared to the trading volume of 200 shares the previous day.
The days-to-cover ratio is currently 0.1 days and was determined based on an average daily trading volume of 5,200 shares.
The United Bancorporation of Alabama (OTCMKTS: UBAB) released the results of its latest quarterly report on Friday, October 28th.
The report covered the period up to September 30th.
The company’s earnings per share (EPS) for the quarter was $1.58, which was $0.61 above the consensus estimate of $0.97.
The company reported total revenue of $15.27 million for the period in question. United Bancorporation of Alabama had a return on equity of 13.37% and a net margin of 28.97% for the company as a whole.
According to forecasts by analysts who follow the banking industry, the United Bancorporation of Alabama is expected to post earnings per share of $3.46 this year.
United Bank is owned and managed by United Bancorp of Alabama, Inc., which acts as the bank holding company and also owns United Bank.
The Company serves the commercial banking needs of its customers in Baldwin, Escambia, Monroe and Santa Rosa counties through a wholly owned banking subsidiary.
The company’s current headquarters are in Atmore, a city in the state of Alabama.
The company was founded on March 8, 1982.
When trading began on Friday, a share of United Bancorporation of Alabama was valued at $38.00.
Its price remained unchanged throughout the day.
The company’s market cap is $137.18 million and its price-to-earnings ratio is 8.37, giving it a beta of 0.40.
Leverage, Current Ratio, and Quick Ratio are all 0.86, so all financial metrics match.
The company’s current share price is $35.36, above the 200-day moving average price of $31.13. In the last 52 weeks, the United Bancorporation of Alabama share price has ranged from a low of $25.05 to a high of $41.00.