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Centerstate Banks of Florida: The Winning Streak Continues (CSFL)

By Nick Russo

Centerstate Banks of Florida (NASDAQ:CSFL) traded today at a new 52-week high of $26.41. This new high was reached on below average trading volume as 65,000 shares traded hands, while the average 30-day volume is approximately 145,000 shares.

In the past 52 weeks, Centerstate Banks of Florida share prices have been bracketed by a low of $12.00 and a high of $26.41 and are now at $25.84, 115% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

Centerstate Banks of Florida has overhead space with shares priced $25.84, or 6.0% below the average consensus analyst price target of $27.50. Centerstate Banks of Florida shares have support at the 50-day moving average (MA) of $15.19 and additional support at the 200-day MA of $14.74.

Centerstate Banks of Florida, Inc. is a multi-bank holding company for First National Bank of Osceola County, Community National Bank of Pasco County, First National Bank of Polk County, and CenterState Bank of Florida. The Banks provide traditional deposit and lending products and services to their commercial and retail customers located in Florida.

SmarTrend is tracking the current trend status for Centerstate Banks of Florida and will alert subscribers who have CSFL in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows centerstate banks of florida

Ticker(s): CSFL