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Ameris Bancorp Has Returned 48.7% Since SmarTrend Recommendation (ABCB)

By David Diaz

SmarTrend identified a Downtrend for Ameris Bancorp (NASDAQ:ABCB) on January 3rd, 2020 at $42.05. In approximately 3 months, Ameris Bancorp has returned 48.72% as of today's recent price of $21.56.

Ameris Bancorp share prices have moved between a 52-week high of $44.90 and a 52-week low of $17.89 and are now trading 21% above that low price at $21.56 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 3.6%.

Ameris Bancorp is a multi-bank holding company. The Banks provide a broad range of retail and commercial banking services to its customers, including checking and savings deposits, commercial and consumer loans, trust services, discount brokerage services, and electronic funds transfer services. Ameris Bancorp operates in Georgia, Florida, and Alabama.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ameris Bancorp.

Log in and add Ameris Bancorp (ABCB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ameris bancorp

Ticker(s): ABCB