United Bancorp, Inc. (UBCP) Stock Rating Upgraded by ValuEngine

United Bancorp, Inc. (NASDAQ:UBCP) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Shares of United Bancorp (UBCP) opened at 12.00 on Friday. The stock has a market capitalization of $58.16 million, a P/E ratio of 16.90 and a beta of 0.05. The firm has a 50 day moving average of $11.84 and a 200-day moving average of $12.07. United Bancorp has a 12 month low of $9.90 and a 12 month high of $15.25.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $4.72 million during the quarter. United Bancorp had a net margin of 17.54% and a return on equity of 8.35%.

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A hedge fund recently bought a new stake in United Bancorp stock. John W. Rosenthal Capital Management Inc. purchased a new position in United Bancorp, Inc. (NASDAQ:UBCP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,500 shares of the financial services provider’s stock, valued at approximately $348,000. John W. Rosenthal Capital Management Inc. owned about 0.59% of United Bancorp as of its most recent filing with the SEC. Hedge funds and other institutional investors own 12.38% of the company’s stock.

About United Bancorp

United Bancorp, Inc is a bank holding company. The Company has one subsidiary bank, The Citizens Savings Bank, Martins Ferry, Ohio (the Bank). The Bank operates two divisions for marketing purposes, The Community Bank, a division of The Citizens Savings Bank and The Citizens Bank, a division of The Citizens Savings Bank.

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