CIVB - Watch for Continued Gains in Shares of Civista Bancshares Inc. (CIVB)

Shares of Civista Bancshares Inc. (NASDAQ:CIVB) traded at a new 52-week high today of $25.96. This new high was reached on above average trading volume as 2.8 million shares traded hands, while the average 30-day volume is approximately 39,000 shares.

Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Most of its revenues are derived from the interest and fees gained on loans.

In the past 52 weeks, shares of Civista Bancshares Inc. have traded between the current low of $10.21 and a high of $25.94 and is now at $23.58.

Based on a current price of $23.58, Civista Bancshares Inc. is currently 0.4% above its average consensus analyst price target of $23.50.

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