United Bancorporation of Alabama (OTCMKTS:UBAB) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of United Bancorporation of Alabama (OTCMKTS:UBAB) from a strong sell rating to a hold rating in a research note released on Thursday morning,Zacks.com reports.

United Bancorporation of Alabama Trading Down 0.6%

Shares of OTCMKTS:UBAB opened at $52.90 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $53.61 and its 200 day moving average price is $54.36. The company has a market cap of $161.87 million, a PE ratio of 8.71 and a beta of 0.43. United Bancorporation of Alabama has a fifty-two week low of $48.10 and a fifty-two week high of $59.99.

United Bancorporation of Alabama (OTCMKTS:UBAB) last posted its earnings results on Friday, October 31st. The company reported $1.29 EPS for the quarter. The firm had revenue of $18.73 million during the quarter. United Bancorporation of Alabama had a net margin of 22.18% and a return on equity of 14.56%. Sell-side analysts anticipate that United Bancorporation of Alabama will post 6.86 earnings per share for the current year.

About United Bancorporation of Alabama

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Mobile, Alabama, operating primarily through its wholly owned subsidiary, United Bank. As a community-oriented financial institution, the company focuses on serving individual consumers, small to mid-sized businesses, and municipal clients across Alabama’s Gulf Coast region. Its branch network and digital platforms provide access to a range of traditional banking services.

The company’s core offerings include demand and savings deposit accounts, money market accounts and certificates of deposit designed for both personal and business customers.