Is This Stock a Screaming Buy: Veritex Holdings, Inc. (NASDAQ:VBTX)

Equity Research firms currently have a positive stance on shares of Veritex Holdings, Inc. (NASDAQ:VBTX). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $20.50 on a short term basis.

At the time of writing, the stock was trading at $17.59. This represents a change from the opening price of 0.98%. In terms of performance, year to date, the stock is 7.22%. The monthly stock performance comes in at 0.75%. For the quarter, shares are performing at 0.70%. Weekly performance analysis shows the equity at 3.15%.

In taking a look at technical levels, shares are trading 2.89% away from the 50 day simple moving average and 12.50% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -0.90% away from it’s 52- week high and 42.43% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Veritex Holdings, Inc.’s RSI stands at 61.97. In looking at volatility levels, the shares saw weekly volatility of 3.45% and 1.73% over the past month.

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