BNC Bancorp was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the volatile price range of $12.89 to $13.26 in the past one-month time frame.
The company has seen 2 positive revisions over the past 30 days and its Zacks Consensus Estimate moved higher over the same time period, suggesting that more solid trading could be ahead for BNC Bancorp. So make sure you keep an eye on this stock going forward to see if the latest rally can turn into more strength down the road.
BNC Bancorp currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.Some better performing Southeast banks include First Community Corporation (FCCO - Free Report) , Simmons First National Corportion (SFNC - Free Report) and SY Bancorp Inc (SYBT - Free Report) . All these stocks hold a Zacks Rank #1 (Strong Buy).
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