Alert: Positive Investment/Fundamental Signals (7/16/24)-United Bancorp Inc (NASDAQ: UBCP)

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Extremely significant positive changes in United Bancorp Inc (NASDAQ: UBCP) investment behavior have recently occurred: the stock rose on very heavy volume, and its shorter term price trend turned up.

Recent significant positive changes in fundamentals have benefitted United Bancorp Inc (NASDAQ: UBCP): the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

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

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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 A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. United Bancorp has a good Appreciation Score of 70 and a good Power Rating of 71, producing the Highest Value Trend Rating.

Recent Price Action

On 7/16/24, United Bancorp Inc (NASDAQ: UBCP) stock enjoyed a very large increase of 6.1%, closing at $13.00. Moreover, trading volume in this advance was exceptionally high at 255% of normal. Relative to the market the stock has been strong over the last nine months and has risen 7.7% during the last week.

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