Shares of Xenith Bankshares Inc. (NASDAQ:XBKS) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $8.40 and last traded at $8.07, with a volume of 12,833 shares trading hands. The stock had previously closed at $7.93.

The firm has a market capitalization of $108.05 million and a price-to-earnings ratio of 30.48. The stock’s 50 day moving average is $7.70 and its 200-day moving average is $7.40.

Xenith Bankshares, Inc is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank focusing on banking needs of middle market and small businesses, local real estate developers and investors, private banking clients and select retail banking clients. Its services and products consist of taking deposits from, and making loans to, its target customers within its target markets.

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