In trading on Thursday, shares of Cadence Bancorporation (Symbol: CADE) crossed below their 200 day moving average of $18.65, changing hands as low as $18.46 per share. Cadence Bancorporation shares are currently trading off about 3.6% on the day. The chart below shows the one year performance of CADE shares, versus its 200 day moving average:
Looking at the chart above, CADE’s low point in its 52 week range is $7.65 per share, with $23.88 as the 52 week high point — that compares with a last trade of $18.66.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.