One of today's stocks on the move is Centerstate Banks of Florida (NASDAQ:CSFL), down 1.5% to $8.34. The S&P is trading lower by 0.3% to 1,426 and the Dow is trading 0.3% lower to 13,153.
Centerstate Banks of Florida share prices have moved between a 52-week high of $9.22 and a 52-week low of $5.84 and are now trading 43% above that low price at $8.34 per share. The 200-day and 50-day moving averages have moved 0.50% higher and 0.71% lower over the past week, respectively.
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.
Potential upside of 7.9% exists for Centerstate Banks of Florida, based on a current level of $8.34 and analysts' average consensus price target of $9.00. Centerstate Banks of Florida shares have support at the 50-day moving average (MA) of $8.17 and additional support at the 200-day MA of $7.90.