United Comm Banks (NASDAQ:UCBI) has been upgraded from Outperform to Strong Buy in a statement by Raymond James earlier today.
- Updated: October 6, 2016
Having a price of $21.19, United Comm Banks (NASDAQ:UCBI) traded 1.37% higher on the day. With the last stock price up 9.93% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. UCBI has recorded a 50-day average of $20.58 and a two hundred day average of $19.54. Trade Volume was down over the average, with 94,645 shares of UCBI changing hands under the typical 374,394
Raymond James has upgraded United Comm Banks (NASDAQ:UCBI) from Outperform to Strong Buy in a statement released on 10/06/2016.
Recent Performance Chart
United Comm Banks has PE ratio of 18.17 with a one year low of $15.74 and a one year high of $22.23 and has a market capitalization of $0.
General Company Details For United Comm Banks (NASDAQ:UCBI)
United Community Banks, Inc. is a bank holding company. The Company's principal business is conducted by its subsidiary, United Community Bank (the Bank). The Bank is a chartered commercial bank that serves markets throughout north Georgia, coastal Georgia, the Atlanta-Sandy Springs-Roswell, Georgia and Gainesville, Georgia metropolitan statistical areas, western North Carolina, upstate South Carolina and east Tennessee. The Bank provides a full range of banking services. The Bank, through its full-service retail mortgage lending division, United Community Mortgage Services (UCMS), is approved as a seller/servicer for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and provides fixed and adjustable-rate home mortgages. The Bank owns an insurance agency, United Community Insurance Services, Inc. (UCIS), known as United Community Advisory Services, which is a subsidiary of the Bank.
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