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Shares of Sterling Bancshares Inc. (SBIB) May Continue to Rise
Shares of SBIB touched the 50-day moving average from above but failed to traverse below the widely
watched support line of $5.02. If the stock stays above the critical 50-day moving average, then
investors may continue to buy the shares in anticipation of an upward price move.
Shares of Sterling Bancshares Inc. closed at $5.16 in the previous trading session and opened today at $5.15.
SBIB is currently trading at $5.19, up $0.03 (+0.58%) in today's trading session.
The shares of the stock are trading between $4.97 and $5.21. Today's price shift was accompanied by a volume of 1,829,842 shares which
is greater than the average volume of 1,197,040 shares.
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consider seeking advice from your own financial or investment adviser.
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