United Bancorp Inc (NASDAQ: UBCP) stock enjoyed a major increase of 11.4% on 6/24/24. The shares closed at $13.28. Moreover, this advance was accompanied by exceptionally high trading volume at 559% of normal. The stock has been strong relative to the market over the last nine months and has risen 10.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, UBCP is expected to continue to be a Value Builder.
United Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. United Bancorp has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 70, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment