CBTX - Watch for Continued Gains in Shares of CBTX Inc. (CBTX)
Shares of CBTX Inc. (NASDAQ:CBTX) traded at a new 52-week high today of $38.65. This new high was reached on above average trading volume as 4.3 million shares traded hands, while the average 30-day volume is approximately 92,000 shares.
Over the past year, CBTX Inc. has traded in a range of $12.50 to $33.29 and is now at $30.05.
CBTX Inc is the U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company includes business and personal deposits account, personal and business lending, mobile and online banking, merchant banking and others. The company generates a majority of its revenue from interest on loans and investments.
CBTX Inc. has overhead space with shares priced $30.05, or 1.5% below the average consensus analyst price target of $30.51.
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