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United Bankshares In Review: Shares Trading 4.3% Below its Sept. 15th 2008 'Lehman Crisis' Low of $28.40 (UBSI)

Written on Wed, 07/28/2010 - 7:15am
By Chip Brian

United Bankshares (NASDAQ:UBSI) is currently trading 4.3% below its Sept. 15th 2008 low of $28.40. Investors are looking to see if the shares can regain the Sept. 15th 'Lehman Crisis' level, which may act as long-term overhead resistance.
In the past 52-weeks, shares of United Bankshares have traded between a low of $16.39 and a high of $31.99 and are now at $27.19, which is 65.9% above that low price.
SmarTrend is bullish on shares of United Bankshares and our subscribers were alerted to Buy on July 13, 2010 at $25.57. The stock has risen 6.4% since the alert was issued.

Keywords: united bankshares lehman crisis lehman bankruptcy

Ticker(s): UBSI

Contact Chip Brian



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