United Security Bancshares (NASDAQ:UBFO) Stock Passes Below 200 Day Moving Average of $7.69

United Security Bancshares (NASDAQ:UBFO) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.69 and traded as low as $7.11. United Security Bancshares shares last traded at $7.53, with a volume of 45,097 shares trading hands.

United Security Bancshares Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.33. The stock has a market cap of $129.06 million, a price-to-earnings ratio of 6.49 and a beta of 0.60. The company’s 50-day moving average is $7.62 and its 200-day moving average is $7.69.

United Security Bancshares (NASDAQ:UBFO) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Security Bancshares had a net margin of 30.02% and a return on equity of 17.28%. The firm had revenue of $14.95 million during the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its holdings in shares of United Security Bancshares by 566,900.0% during the fourth quarter. Bank of America Corp DE now owns 5,670 shares of the financial services provider’s stock worth $41,000 after buying an additional 5,669 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of United Security Bancshares by 4,392.7% during the third quarter. Tower Research Capital LLC TRC now owns 5,526 shares of the financial services provider’s stock worth $41,000 after buying an additional 5,403 shares in the last quarter. UBS Group AG increased its holdings in shares of United Security Bancshares by 80.5% during the first quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock worth $63,000 after buying an additional 3,363 shares in the last quarter. Royal Bank of Canada acquired a new stake in shares of United Security Bancshares during the fourth quarter worth approximately $78,000. Finally, BHZ Capital Management LP increased its holdings in shares of United Security Bancshares by 34.8% during the first quarter. BHZ Capital Management LP now owns 25,488 shares of the financial services provider’s stock worth $163,000 after buying an additional 6,584 shares in the last quarter. Institutional investors and hedge funds own 30.88% of the company’s stock.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.