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Stock Investors Sell Off Shares of WSFS Financial, Down 1.2%

Published on Wed, 03/27/2013 - 12:28
By Peter Chu

WSFS Financial (NASDAQ:WSFS) is a company whose shares are active, trading 1.2% lower to $48.27. The S&P is trading lower by 0.3% to 1,559 and the Dow is trading 0.3% lower to 14,513.

WSFS Financial Corporation provides financial services. The Company, through its principal subsidiary, Wilmington Savings Fund Society, FSB, operates a network of offices in New Castle County and Dover, Delaware, as well as Chester, Delaware, and Montgomery counties in Pennsylvania.

There is potential upside of 1.0% for shares of WSFS Financial based on a current price of $48.27 and an average consensus analyst price target of $48.75. The stock should find initial support at its 50-day moving average (MA) of $47.00 and further support at its 200-day MA of $42.99.

In the past 52 weeks, shares of WSFS Financial have traded between a low of $29.90 and a high of $49.72 and are now at $48.27, which is 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

By Peter Chu
pchu@fnno.com