First Us Bancsh (NASDAQ:FUSB) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of First Us Bancsh (NASDAQ:FUSBGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.70 and traded as high as $16.83. First Us Bancsh shares last traded at $16.83, with a volume of 3,284 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Us Bancsh in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, First Us Bancsh currently has a consensus rating of “Hold”.

Read Our Latest Research Report on First Us Bancsh

First Us Bancsh Stock Up 2.0%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $93.74 million, a PE ratio of 12.75 and a beta of 0.22. The firm has a fifty day simple moving average of $16.41 and a 200 day simple moving average of $15.70.

First Us Bancsh (NASDAQ:FUSBGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.31 EPS for the quarter. The company had revenue of $20.32 million during the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.40%.

First Us Bancsh Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, June 12th. First Us Bancsh’s payout ratio is presently 21.21%.

Hedge Funds Weigh In On First Us Bancsh

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in shares of First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 1,526 shares during the last quarter. Bank of America Corp DE grew its stake in shares of First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after buying an additional 4,365 shares during the period. Daytona Street Capital LLC acquired a new stake in shares of First Us Bancsh during the 4th quarter worth $169,000. EverSource Wealth Advisors LLC increased its holdings in shares of First Us Bancsh by 129.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock worth $69,000 after buying an additional 2,805 shares during the last quarter. Finally, Marble Wealth LLC acquired a new stake in shares of First Us Bancsh during the 4th quarter worth $214,000. Hedge funds and other institutional investors own 18.74% of the company’s stock.

First Us Bancsh Company Profile

(Get Free Report)

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.

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