United Security Bancshares (NASDAQ:UBFO) shares 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 changing hands.

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

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 firm has a market cap of $181.24 million, a PE ratio of 11.62 and a beta of 0.45. The firm’s 50 day moving average is $10.49 and its 200-day moving average is $10.56.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Wednesday, July 17th. The financial services provider reported $0.24 earnings per share (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%.

A number of hedge funds have recently modified their holdings of UBFO. Bank of America Corp DE increased its position 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 worth $110,000 after purchasing an additional 3,911 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in United Security Bancshares by 543.8% during the first 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 last quarter. AE Wealth Management LLC acquired a new stake in shares of United Security Bancshares in the second quarter worth $194,000. Sawtooth Solutions LLC acquired a new stake in shares of United Security Bancshares in the second quarter worth $194,000. Finally, Panagora Asset Management Inc. increased its position in shares of 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 acquiring an additional 14,575 shares in the last quarter. 23.55% of the stock is owned by hedge funds and other institutional investors.

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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