United Bankshares Hits New 52-Week High at $33.18 (UBSI)
United Bankshares (NASDAQ:UBSI) shares reached a new 52-week high during trading on Tuesday , AnalystRatings.Net reports. The company traded as high as $33.18 and last traded at $33.17, with a volume of 171,754 shares trading hands. The stock had previously closed at $32.33.
The stock’s 50-day moving average is $30.9 and its 200-day moving average is $30.35. The company has a market cap of $2.259 billion and a price-to-earnings ratio of 18.37.
United Bankshares (NASDAQ:UBSI) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. During the same quarter in the previous year, the company posted $0.43 earnings per share. Analysts expect that United Bankshares will post $1.90 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Wednesday, June 11th.
In other United Bankshares news, Director Peter A. Converse sold 14,023 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $31.66, for a total transaction of $443,968.18. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
United Bankshares, Inc (NASDAQ:UBSI) is a bank holding company.
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