United Security Bancshares (NASDAQ:UBFO)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.49 and traded as high as $10.76. United Security Bancshares shares last traded at $10.76, with a volume of 152 shares trading hands.

Separately, ValuEngine cut United Security Bancshares from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.

The company’s 50-day moving average is $10.49 and its two-hundred day moving average is $10.56. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The company has a market cap of $177.85 million, a P/E ratio of 11.40 and a beta of 0.45.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Wednesday, July 17th. The financial services provider reported $0.24 EPS for the quarter. The business had revenue of $11.03 million for the quarter. United Security Bancshares had a net margin of 33.94% and a return on equity of 14.13%.

Hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its holdings in shares of United Security Bancshares by 543.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,781 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 2,349 shares during the period. Bank of America Corp DE grew its holdings in United Security Bancshares by 51.2% during the fourth quarter. Bank of America Corp DE now owns 11,551 shares of the financial services provider’s stock valued at $110,000 after purchasing an additional 3,911 shares during the period. Sawtooth Solutions LLC bought a new position in United Security Bancshares during the second quarter valued at $194,000. AE Wealth Management LLC purchased a new stake in United Security Bancshares in the second quarter worth $194,000. Finally, Panagora Asset Management Inc. increased its position in United Security Bancshares by 107.5% in the second quarter. Panagora Asset Management Inc. now owns 28,138 shares of the financial services provider’s stock worth $320,000 after buying an additional 14,575 shares during the last quarter. Institutional investors own 23.55% of the company’s stock.

About United Security Bancshares (NASDAQ:UBFO)

United Security Bancshares operates as the holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.

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