ViewPoint Financial Looks to Continue to Trade Above its Annual-High Share Price Today

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Dec 19, 2013 (52 Week high-lows via COMTEX) -- ViewPoint Financial (NASDAQ:VPFG) traded at a new 52-week high today of $26.87. So far today approximately 80,000 shares have been exchanged, as compared to an average 30-day volume of 179,000 shares.

ViewPoint Financial (NASDAQ:VPFG) is currently priced 3.7% above its average consensus analyst price target of $25.83. The stock should discover initial support at its 50-day moving average (MA) of $23.12 and subsequent support at its 200-day MA of $20.95.

In the past 52 weeks, shares of ViewPoint Financial have traded between a low of $17.88 and a high of $26.87 and are now at $26.82, which is 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has risen 0.4%.

ViewPoint Financial Group is a bank holding company. The Company, through its banking subsidiary, accepts deposits, makes loans, and provides other financial services for the general public. The Bank operates in the Dallas/Fort Worth area of Texas.


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