First US Bancshares (NASDAQ:FUSB) Stock Passes Below 200-Day Moving Average – What’s Next?

First US Bancshares, Inc. (NASDAQ:FUSB)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.72 and traded as low as $12.60. First US Bancshares shares last traded at $12.91, with a volume of 40,126 shares traded.

First US Bancshares Trading Down 0.2 %

The company’s 50 day simple moving average is $13.24 and its 200-day simple moving average is $12.72. The firm has a market cap of $74.23 million, a P/E ratio of 9.70 and a beta of 0.59. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11.

First US Bancshares (NASDAQ:FUSB) last issued its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share for the quarter. First US Bancshares had a return on equity of 8.61% and a net margin of 13.21%.

First US Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend was Friday, March 14th. First US Bancshares’s dividend payout ratio is currently 21.05%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake in First US Bancshares by 13.6% in the 3rd quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock worth $611,000 after acquiring an additional 6,325 shares in the last quarter. Sanctuary Advisors LLC bought a new position in First US Bancshares in the third quarter worth approximately $125,000. Dimensional Fund Advisors LP increased its holdings in First US Bancshares by 11.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 3,176 shares during the period. Finally, Northern Trust Corp raised its position in First US Bancshares by 54.5% during the 4th quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after purchasing an additional 8,690 shares in the last quarter. Hedge funds and other institutional investors own 18.74% of the company’s stock.

About First US Bancshares

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.