First US Bancshares (NASDAQ:FUSB) Shares Cross Above 200 Day Moving Average – Should You Sell?

First US Bancshares, Inc. (NASDAQ:FUSB)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.22 and traded as high as $13.21. First US Bancshares shares last traded at $13.21, with a volume of 316 shares.

First US Bancshares Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a 50-day moving average of $12.64 and a 200 day moving average of $11.24. The stock has a market capitalization of $75.62 million, a price-to-earnings ratio of 9.45 and a beta of 0.92.

First US Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a $0.07 dividend. The ex-dividend date is Friday, December 13th. This is a positive change from First US Bancshares’s previous quarterly dividend of $0.05. This represents a $0.28 annualized dividend and a dividend yield of 2.12%. First US Bancshares’s dividend payout ratio is presently 20.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares during the third quarter worth approximately $125,000. Cahaba Wealth Management Inc. acquired a new stake in First US Bancshares during the 2nd quarter worth approximately $118,000. Finally, Geode Capital Management LLC boosted its stake in First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after purchasing an additional 6,325 shares during the period. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.