Virginia Commerce Bancorp (NASDAQ:VCBI) traded at a new 52-week high today of $7.41. Approximately 69,000 shares have changed hands today, as compared to an average 30-day volume of 88,000 shares.
Virginia Commerce Bancorp (NASDAQ:VCBI) defies analysts with a current price ($7.35) 0.5% above its average consensus price target of $7.31. The stock should discover initial support at its 50-day moving average (MA) of $6.35 and subsequent support at its 200-day MA of $5.94.
Virginia Commerce Bancorp, Inc. is the holding company for Virginia Commerce Bank. The Bank operates several branches in Northern Virginia serving the Washington Metropolitan area. Virginia Commerce Bank provides a full range of banking services to businesses, professionals, not-for-profit organizations, and individuals.
In the past 52 weeks, shares of Virginia Commerce Bancorp have traded between a low of $5.35 and a high of $7.41 and are now at $7.35, which is 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.3%.
