Alert: Positive Investment/Fundamental Signals (12/21/23)-United Bancorp Inc (NASDAQ: UBCP)


Extremely important positive changes in investment behavior have recently occurred for United Bancorp Inc (NASDAQ: UBCP): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

United Bancorp Inc (NASDAQ: UBCP). Minimal positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, UBCP is expected to continue to be an important Value Builder.

United Bancorp has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. United Bancorp has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 39, leading to the Low Neutral Value Trend Rating.

Recent Price Action

On 12/21/23, United Bancorp Inc (NASDAQ: UBCP) stock enjoyed a large increase of 2.9%, closing at $13.85. Moreover, trading volume in this advance was exceptionally high at 475% of normal. Relative to the market the stock has been weak over the last nine months but has risen 24.3% during the last week.

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