Dime Community Bancshares's Stock Price And Volume Action
Dime Community Bancshares's (NASDAQ:DCOM) stock has been rising Tuesday, up 8.27% to a price of $33.6. Tuesday the stock has been traded at a volume of 35.81 thousand, about 19.97% of its recent 30-day volume average of 179.28 thousand.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Dime Community Bancshares are trading higher after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $17 to $43 per share.
Insights On Recent Price Action
The stock's 50-day moving average was $28.14 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $33.4 and fallen to a low of $10.59.
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