KD Logo

An Analysis of Crossfirst Bankshares Inc (CFB)’s Potential Price Growth

Crossfirst Bankshares Inc’s recent filing unveils that its Director Hansen George E. III unloaded Company’s shares for reported $17130.0 on Nov 06 ’23. In the deal valued at $11.42 per share,1,500 shares were sold. As a result of this transaction, Hansen George E. III now holds 76,071 shares worth roughly $0.9 million.

Then, Robinson Michael Kent sold 8,889 shares, generating $93,068 in total proceeds. Upon selling the shares at $10.47, the Director now owns 58,881 shares.

Before that, Robinson Michael Kent sold 1,530 shares. Crossfirst Bankshares Inc shares valued at $15,759 were divested by the Director at a price of $10.30 per share. As a result of the transaction, Robinson Michael Kent now holds 67,770 shares, worth roughly $0.81 million.

Janney initiated its Crossfirst Bankshares Inc [CFB] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in late January from “an Equal-weight” to “an Overweight”. Raymond James also remained covering CFB and has increased its forecast on January 05, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Raymond James revised its rating on January 05, 2023. It rated CFB as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of CFB

On Tuesday, Crossfirst Bankshares Inc [NASDAQ:CFB] saw its stock fall -6.30% to $11.89. Over the last five days, the stock has lost -10.33%. Crossfirst Bankshares Inc shares have fallen nearly -12.44% since the year began. Nevertheless, the stocks have risen 20.10% over the past one year. While a 52-week high of $15.07 was reached on 01/29/24, a 52-week low of $9.29 was recorded on 04/16/24. SMA at 50 days reached $13.10, while 200 days put it at $11.94. A total of 0.38 million shares were traded, compared to the trading of 94900.0 shares in the previous session.

Levels Of Support And Resistance For CFB Stock

The 24-hour chart illustrates a support level at 10.96, which if violated will result in even more drops to 10.03. On the upside, there is a resistance level at 12.50. A further resistance level may holdings at 13.11. The Relative Strength Index (RSI) on the 14-day chart is 32.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.53%. Stochastics %K at 23.00% indicates the stock is a holding.

Most Popular

[the_ad id="945"]