Community Trust Bancorp Inc. (NASDAQ:CTBI) traded at a new 52-week high today of $52.95. So far today approximately 2.6 million shares have been exchanged, as compared to an average 30-day volume of 64,000 shares.
Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services.
Over the past year, Community Trust Bancorp Inc. has traded in a range of $27.00 to $46.30 and is now at $39.82.
Community Trust Bancorp Inc. (NASDAQ:CTBI) defies analysts with a current price ($39.82) 0.8% above its average consensus price target of $39.52.
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