University Bancorp (OTCMKTS:UNIB) Shares Down 0.2% – Here’s Why

University Bancorp Inc. (OTCMKTS:UNIBGet Free Report)’s share price traded down 0.2% on Friday . The company traded as low as $20.50 and last traded at $20.95. 226 shares were traded during mid-day trading, a decline of 22% from the average session volume of 288 shares. The stock had previously closed at $21.00.

University Bancorp Stock Performance

The firm’s 50-day simple moving average is $22.34 and its 200 day simple moving average is $18.84.

University Bancorp Company Profile

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University Bancorp, Inc is the bank holding company for University National Bank, a community-focused financial institution based in Lubbock, Texas. Through its subsidiary, the company offers a range of retail and commercial banking services designed to meet the needs of individuals, businesses and non-profit organizations. University Bancorp operates under the OTCMKTS symbol UNIB, reflecting its status as an over-the-counter publicly traded entity.

The company’s core business activities include deposit products such as checking, savings and money market accounts, as well as consumer and commercial lending.

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