Seacoast Banking Corporation of Florida stock performance trend indicates that the stock price has rallied 5.36% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 46.49% . Looking at the past 52 week period, the stock price is up at 51.67% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Seacoast Banking Corporation of Florida has a positive value of 34.28 compared to overall market.Seacoast Banking Corporation of Florida is having a Relative Strength Index of 54.43 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has tumbled 0.88% during the past week and has dropped 0.55% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.12%. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) has underperformed the index by 1.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Seacoast Banking Corporation of Florida (NASDAQ:SBCF) : On Friday heightened volatility was witnessed in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) which led to swings in the share price. The stock opened for trading at $23.5 and hit $23.76 on the upside , eventually ending the session at $23.57, with a gain of 0.04% or 0.01 points. The heightened volatility saw the trading volume jump to 1,347,111 shares. The 52-week high of the share price is $25.13 and the company has a market cap of $960 million. The 52-week low of the share price is at $15.02 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Seacoast Banking Corporation of Florida was Initiated by Guggenheim to Neutral on Mar 15, 2017. Seacoast Banking Corporation of Florida was Upgraded by SunTrust to Buy on Feb 13, 2017.
Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Herbert A. Lurie (director) purchased 20,000 shares at 22.25 per share price.On Feb 17, 2017, Stephen E Bohner (director) purchased 1,000 shares at 22.25 per share price.On Feb 17, 2017, Alvaro Monserrat (director) purchased 3,000 shares at 22.25 per share price.
Seacoast Banking Corporation of Florida Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.30 EPS for the quarter. Analyst had a consensus estimate of $0.30.Analysts expectations of $ 48.30.During the same quarter in the previous year, the company posted $0.19 EPS.
Seacoast Banking Corp of Florida is a bank holding company. Seacoast and its subsidiaries offer a full array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a wide variety of trust and asset management services, as well as securities and annuity products.