First Us Bancsh (NASDAQ:FUSB) Stock Crosses Above 200-Day Moving Average – What’s Next?

First Us Bancsh (NASDAQ:FUSB)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.60 and traded as high as $13.91. First Us Bancsh shares last traded at $13.75, with a volume of 13,376 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

First Us Bancsh Stock Up 2.2%

The firm has a market capitalization of $79.20 million, a PE ratio of 14.79 and a beta of 0.44. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average of $12.49 and a two-hundred day moving average of $12.60.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.32 EPS for the quarter. The company had revenue of $10.52 million during the quarter. First Us Bancsh had a return on equity of 5.54% and a net margin of 8.98%.

First Us Bancsh Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, September 12th. First Us Bancsh’s payout ratio is 30.11%.

Hedge Funds Weigh In On First Us Bancsh

A hedge fund recently raised its stake in First Us Bancsh stock. Geode Capital Management LLC increased its holdings in shares of First Us Bancsh (NASDAQ:FUSB) by 2.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,964 shares of the financial services provider’s stock after purchasing an additional 1,526 shares during the period. Geode Capital Management LLC owned 0.99% of First Us Bancsh worth $735,000 as of its most recent filing with the Securities and Exchange Commission. 18.74% of the stock is currently owned by institutional investors.

About First Us Bancsh

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.