University Bancorp (OTCMKTS:UNIB) Shares Down 1.1% – Here’s Why

University Bancorp, Inc. (OTCMKTS:UNIBGet Free Report)’s share price dropped 1.1% on Thursday . The company traded as low as $16.82 and last traded at $16.82. Approximately 1,500 shares traded hands during trading, a decline of 32% from the average daily volume of 2,215 shares. The stock had previously closed at $17.00.

University Bancorp Trading Down 1.1 %

The stock has a 50-day moving average price of $16.12 and a two-hundred day moving average price of $14.88.

University Bancorp Company Profile

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University Bancorp, Inc operates as the bank holding company for University Bank that provides various personal, business, and community banking services in the United States. It offers checking, NOW, savings, money market, time deposit, and certificates of deposit accounts. The company's consumer loans include home equity, short term, automobile, personal, and recreational vehicle loans, as well as home equity lines of credits; SBA, commercial real estate, equipment, home improvement, and other instalment loans; and non-profit loans, as well as working capital lines of credit.

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