First US Bancshares (NASDAQ:FUSB) Share Price Crosses Below 200-Day Moving Average of $9.99

First US Bancshares, Inc. (NASDAQ:FUSB)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.99 and traded as low as $8.75. First US Bancshares shares last traded at $8.75, with a volume of 9,942 shares trading hands.

First US Bancshares Stock Down 4.3 %

The company’s 50-day moving average price is $10.15 and its 200 day moving average price is $9.99. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $50.66 million, a PE ratio of 6.53 and a beta of 0.91.

First US Bancshares (NASDAQ:FUSB) last announced its earnings results on Wednesday, April 24th. The financial services provider reported $0.34 EPS for the quarter. The business had revenue of $9.91 million during the quarter. First US Bancshares had a net margin of 14.55% and a return on equity of 9.57%.

First US Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 7th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.20 annualized dividend and a yield of 2.29%. First US Bancshares’s dividend payout ratio (DPR) is presently 14.93%.

Insiders Place Their Bets

In other news, EVP William C. Mitchell sold 3,350 shares of First US Bancshares stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $10.47, for a total transaction of $35,074.50. Following the transaction, the executive vice president now directly owns 17,246 shares of the company’s stock, valued at approximately $180,565.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 13.30% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First US Bancshares stock. Gendell Jeffrey L raised its holdings in shares of First US Bancshares, Inc. (NASDAQ:FUSB) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 291,981 shares of the financial services provider’s stock after acquiring an additional 2,290 shares during the quarter. Gendell Jeffrey L owned approximately 4.97% of First US Bancshares worth $3,010,000 as of its most recent SEC filing. 18.74% of the stock is currently owned by institutional investors.

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.