Insurance Technology

Insurance & Technology News
Share

TMCNet:  BancorpSouth Shares Up 42.6% Since SmarTrend's Buy Recommendation (BXS)

[July 20, 2012]

BancorpSouth Shares Up 42.6% Since SmarTrend's Buy Recommendation (BXS)

Jul 20, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BancorpSouth (NYSE:BXS) on December 9th, 2011 at $10.31. In approximately 7 months, BancorpSouth has returned 42.55% as of today's recent price of $14.69.
Story continues below ↓

BancorpSouth share prices have moved between a 52-week high of $15.29 and a 52-week low of $8.23 and are now trading 78% above that low price at $14.69 per share. The 200-day and 50-day moving averages have moved 1.04% higher and 0.97% higher over the past week, respectively.

BancorpSouth, Inc. is the holding company for BancorpSouth Bank. The Bank attracts deposits from the general public and originates a variety of loans. BancorpSouth operates in Mississippi, Alabama, Tennessee, Arkansas, Texas, and Louisiana. The Company also provides investment services, consumer finance, credit life insurance, and insurance agency services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BancorpSouth shares.Log in and add BancorpSouth (BXS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Insurance Technology's Homepage ]





Featured Editorial