Alert: Positive Investment/Fundamental Signals (7/17/24)-United Security Bancshares (NASDAQ: UBFO)

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United Security Bancshares (NASDAQ: UBFO) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.

Minimal positive changes in United Security Bancshares (NASDAQ: UBFO) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would 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 exceed the cost of capital, UBFO is expected to continue to be a Value Builder.

United Security Bancshares has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. United Security Bancshares has a good Appreciation Score of 78 but a slightly negative Power Rating of 34, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 7/17/24, United Security Bancshares (NASDAQ: UBFO) stock enjoyed a large increase of 3.3%, closing at $7.78. Moreover, trading volume in this advance was exceptionally high at 800% of normal. Relative to the market the stock has been weak over the last nine months but has risen 10.0% during the last week.

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