Financial stocks listed on the New York Stock Exchange or NASDAQ have gotten some tailwinds from BancFirst Corporation (BANF), as one of the best performers in the sector during morning trading on April 21. At the lunch break, shares of BANF have advanced 3.09% to $96.65 after closing the day prior at $93.75. In morning action, the stock has moved as high as $97.75 and as low as $93.72. Today’s rise has come with about 25,093 shares changing hands, compared to an average 30-day volume of 31,710 for BancFirst Corporation. The price is currently below the 30-day volume weighted average price of $95.76 for BANF.
The share appreciation gives the company a market capitalization of $1.49 billion based upon 15.89 million shares outstanding. It also means that BANF has a price-to-book ratio of 1.99:1.
In the past 52 weeks, shares of BANF have traded as low as $56.2988 and as high as $98.35. Technical traders will take note that at $96.65, shares of BANF are trading above their 200-day MA at $80.09 and above their 50-day MA at $91.83. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is BANF?
BancFirst Corp through its subsidiaries provides retail & commercial banking services; It also offers trust services & acts as executor, administrator, trustee, transfer agent & provides item processing, research & other fiduciary services. The company’s 1773 employees are led by CEO David E. Rainbolt from the corporate headquarters at 101 North Broadway in Oklahoma City, OK.
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