C1 Financial Inc. (BNK) Sees Strong Trading Volume
C1 Financial Inc. (NYSE:BNK) saw an uptick in trading volume on Thursday . 92,961 shares were traded during mid-day trading, an increase of 85% from the previous session’s volume of 50,251 shares.The stock last traded at $22.08 and had previously closed at $21.86.
The firm has a market cap of $369.50 million and a P/E ratio of 23.42. The stock has a 50 day moving average price of $23.20 and a 200 day moving average price of $23.64.
An institutional investor recently raised its position in C1 Financial stock. Morgan Stanley boosted its stake in shares of C1 Financial Inc. (NYSE:BNK) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,257 shares of the financial services provider’s stock after buying an additional 4,502 shares during the period. Morgan Stanley owned 0.58% of C1 Financial worth $2,258,000 at the end of the most recent reporting period.
C1 Financial, Inc is a bank holding company. The Company is focused on serving the needs of entrepreneurs offering relationship banking services to entrepreneurs and their families, including commercial loans and a range of depository products. The Company operates from approximately 30 banking centers and over one loan production office on the West Coast of Florida and in Miami-Dade, Broward and Orange Counties.
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