CU Bancorp (NASDAQ:CUNB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Having a price of $24.43, CU Bancorp (NASDAQ:CUNB) traded -1.56% lower on the day. With the last close up 4.01% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CUNB has recorded a 50-day average of $24.37 and a two hundred day average of $23.12. Volume of trade was up over the average, with 31,809 shares of CUNB changing hands over the typical 27,822
Zacks Investment Research has upgraded CU Bancorp (NASDAQ:CUNB) to Hold in a statement released on 9/26/2016.
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CU Bancorp has a 52 week low of $20.35 and a 52 week high of $27.66 with a P/E ratio of 17.68 The company’s market cap is currently $0.
About CU Bancorp (NASDAQ:CUNB)
CU Bancorp is a bank holding company. The Company's principal business is to serve as the holding company for its bank subsidiary, California United Bank (the Bank). It operates in commercial business banking segment. The Bank is a commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community, including attorneys, certified public accountants, financial advisors and healthcare providers, and investors. Its deposit products include demand, money market and certificates of deposit, and loan products include commercial, real estate construction, commercial real estate, Small Business Administration (SBA) and personal loans. It also provides cash management services, online banking, commercial credit cards and other primarily business-oriented products. It conducts lending and deposit operations through over 10 branch offices.
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