CSFL Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of CenterState Banks Inc (Symbol: CSFL) crossed below their 200 day moving average of $24.42, changing hands as low as $24.06 per share. CenterState Banks Inc shares are currently trading down about 1.8% on the day. The chart below shows the one year performance of CSFL shares, versus its 200 day moving average: CenterState Banks Inc 200 Day Moving Average Chart

Looking at the chart above, CSFL’s low point in its 52 week range is $17.00 per share, with $26.94 as the 52 week high point – that compares with a last trade of $24.10.

According to the ETF Finder at ETF Channel, CSFL makes up 1.20% of the PowerShares DWA Financial Momentum Portfolio ETF (Symbol: PFI) which is trading lower by about 1.5% on the day Thursday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average ยป


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