Citizens South Banking Corp. (CSBC) in limelight after breaching 200 days MA with high volumes
By Mark Moneymaster
October 28, 2009 9:56 PM
October 28, 2009 9:56 PM
Symbols: CSBC
Citizens South Banking Corp. (NASDAQ: CSBC), a small regional banker, was one of rare stocks to have taken the lead in breaching the long term support level of 200 days MA in Wednesday’s trading. Citizens South Banking Corp. (CSBC) stock logged high volumes on Wednesday, to close at $5.86, with gains of 19.6% on Wednesday.
The Citizens South Banking Corp. (CSBC) stock bounced back from a negatively trending daily line, after it announced the termination of fresh public offer of common stock .
The CSBC stock has got a very small market capitalization of around $45 million.
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