United Bankshares (UBSI) : Traders are bullish on United Bankshares (UBSI) as it has outperformed the S&P 500 by a wide margin of 1.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.84%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.18% in the last 1 week, and is up 1.25% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.69% and the fifty day Moving Average is 1.87%. United Bankshares Inc. has dropped 1.83% during the last three month period . Year-to-Date the stock performance stands at 6.7%.
United Bankshares (NASDAQ:UBSI): On Fridays trading session , Opening price of the stock was $38.85 with an intraday high of $39.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $38.49. However, the stock managed to close at $38.78, a loss of 0.03% for the day. On the previous day, the stock had closed at $38.79. The total traded volume of the day was 508,319 shares.
United Bankshares, Inc. (United) is a bank holding company. The Company has two banking subsidiaries (the Banking Subsidiaries): United Bank (WV) and United Bank (VA). Uniteds Banking Subsidiaries offer a range of commercial and retail banking services and products. United also owns nonbank subsidiaries which engage in other community banking services such as asset management, real property title insurance, financial planning, and brokerage services. Included among the banking services offered are the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, floor plan and student loans; and the making of construction and real estate loans. Also offered are individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. As part of its lending function, the Banking Subsidiaries offer credit card services.