Insiders Seeing Green With UCFC At New 52-Week High

In trading on Thursday, shares of United Community Financial Corp. (UCFC) touched a new 52-week high of $7.65/share. That's a 50.00% rise, or $2.55 per share from the 52-week low of $5.10 set back on 11/16/2015. That means at today's intraday high, any investor who purchased UCFC stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, UCFC has seen 2 different instances of insiders buying over the trailing six month period.

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Purchased Insider Title Shares Price/Share Value
09/30/2016 Richard J. Schiraldi Director 800 $7.04 $5,628.72
11/09/2016 Ellen J. Tressel Director 4,000 $7.65 $30,612.00

The chart below shows where UCFC has traded over the past year, with the 50-day and 200-day moving averages included.

United Community Financial Corp.  Moving Averages Chart

In afternoon trading on Thursday, UCFC shares are changing hands at $7.63/share, slightly below the new 52-week high.

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