Stock Investors Sell Off Shares of Bancfirst, Down 1.7%

Published on Tue, 01/31/2012 - 12:38
By Peter Chu in Market movers, BANF, bancfirst, market movers, nasdaq:banf

Down 1.7% to $39.32, Bancfirst (NASDAQ:BANF), is one of today's notable movers. The S&P is currently trading fractionally lower to 1,311 and the Dow Jones Industrial Average is trading 0.4% lower to 12,609.

Bancfirst (NASDAQ:BANF) has potential upside of 9.4% based on a current price of $39.32 and analysts' consensus price target of $43.00. The stock should discover initial support at its 50-day moving average (MA) of $37.57 and subsequent support at its 200-day MA of $37.23.

BancFirst Corporation is a bank holding company owning or controlling one or more banks.

In the past 52 weeks, Bancfirst share prices have been bracketed by a low of $30.50 and a high of $43.70 and are now at $39.32, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

By Peter Chu
pchu@fnno.com
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