First Us Bancsh (NASDAQ:FUSB) Stock Crosses Above 200-Day Moving Average – Should You Sell?

by · The Cerbat Gem

First Us Bancsh (NASDAQ:FUSBGet Free Report)’s share price crossed 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 changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on First Us Bancsh

First Us Bancsh Stock Down 2.0%

The firm has a market cap of $91.91 million, a PE ratio of 12.50 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a 50 day simple moving average of $16.42 and a 200-day simple moving average of $15.71.

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

First Us Bancsh Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a dividend of $0.07 per share. 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 dividend payout ratio is 21.21%.

Hedge Funds Weigh In On First Us Bancsh

A number of institutional investors have recently bought and sold shares of FUSB. EverSource Wealth Advisors LLC lifted its holdings in First Us Bancsh by 129.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 2,805 shares in the last quarter. Daytona Street Capital LLC purchased a new position in First Us Bancsh during the 4th quarter valued at approximately $169,000. Bank of America Corp DE raised its stake in First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 4,365 shares in the last quarter. Marble Wealth LLC purchased a new position in shares of First Us Bancsh in the 4th quarter worth $214,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of First Us Bancsh by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock worth $506,000 after buying an additional 720 shares during the last quarter. 18.74% of the stock is owned by institutional investors.

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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