Union First Market Bankshares Corp Sets New 12-Month Low at $21.86 (UBSH)
Union First Market Bankshares Corp (NASDAQ:UBSH) shares hit a new 52-week low during mid-day trading on Thursday , American Banking & Market News reports. The company traded as low as $21.86 and last traded at $23.81, with a volume of 62,379 shares changing hands. The stock had previously closed at $23.68.
Several analysts have recently commented on the stock. Analysts at Compass Point upgraded shares of Union First Market Bankshares Corp from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 6th. They now have a $29.00 price target on the stock, up previously from $28.00. Analysts at Raymond James reiterated an “outperform” rating on shares of Union First Market Bankshares Corp in a research note on Wednesday, July 23rd. They now have a $28.00 price target on the stock, down previously from $29.00.
The stock’s 50-day moving average is $24.10 and its 200-day moving average is $25.07. The company has a market cap of $1.078 billion and a P/E ratio of 22.09.
Union First Market Bankshares Corp (NASDAQ:UBSH) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.07. During the same quarter in the previous year, the company posted $0.38 earnings per share. On average, analysts predict that Union First Market Bankshares Corp will post $1.60 earnings per share for the current fiscal year.
Union First Market Bankshares Corporation is a bank holding company. The Company offers financial services through its community bank subsidiary Union First Market Bank and three non-bank financial services affiliates.
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