FULT - Watch for Continued Gains in Shares of Fulton Financial Corporation (FULT)

Fulton Financial Corporation (NASDAQ:FULT) traded at a new 52-week high today of $18.48. This new high was reached on below average trading volume as 164,000 shares traded hands, while the average 30-day volume is approximately 1 million shares.

Fulton Financial Corporation (NASDAQ:FULT) is currently priced 31.4% above its average consensus analyst price target of $12.64.

Over the past year, Fulton Financial Corporation has traded in a range of $13.25 to $18.48 and is now at $18.41, 39% above that low.

Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. Its services cover five distinct segments: consumer banking, commercial banking, mortgage banking, wealth management, and other. The bank derives its revenue from noninterest income, led by its consumer banking segment.

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