Texas Capital Bancshares, Inc. (TCBI) Is Posting Gains, Do You Know Why?

Texas Capital Bancshares, Inc. (TCBI) has seen some recent movement in the stock market and its common shares finished trading at $29.00 yesterday. Traders are starting to take interest of TCBI as the common shares traded as high as $31.17 and as low as $28.38 in the prior market day.

Texas Capital Bancshares, Inc. (TCBI) average trading volume is 1.06M. However, in the prior market day Texas Capital Bancshares, Inc. (TCBI) exchanged 885,662 shares. The First support level on TCBI is $27.77 and the First upside resistance level on TCBI is $57.76. TCBI 50day moving average is $30.17 and TCBI two hundred day moving average is $39.07.

Texas Capital Bancshares, Inc. (TCBI) recent performance has been specified by the recent movement in TCBI common shares. TCBI has performed 8.37% over the past month, TCBI has performed 36.41% over the past 3 months and TCBI has shown -52.75% over the past 12 months. Texas Capital Bancshares, Inc. (TCBI) has a 12 month range of $19.10 to $64.88. Texas Capital Bancshares, Inc. (TCBI) is trading 51.83% from its 12 month low and -55.30% from its 12 month high. Texas Capital Bancshares, Inc. (TCBI) is showing a 4.43% short float showing the quantity short in the float.

TCBI has 50.37M shares outstanding and 50.07M shares in the float. Texas Capital Bancshares, Inc. (TCBI) presently has a market cap of $1.61B and income of 213.60M. The EPS next quarter for TCBI is 0.26 and forecasted EPS next year is 251.95%. The market cap of Texas Capital Bancshares, Inc. (TCBI) at $1.61B signifies how many Traders own shares of TCBI and is calculated off the last price ($29.00) of TCBI and the quantity of shares outstanding (50.37M) with Texas Capital Bancshares, Inc. (TCBI).

Texas Capital Bancshares, Inc. (TCBI) has aggregate cash (mrq) of 9.66B, aggregate cash per share (mrq) of 191.59, aggregate debt of TCBI remains at 5.72B. Texas Capital Bancshares, Inc. (TCBI) operating cash flow (ttm) is 1.38B.

TCBI is trading -10.84% below (bearish) its SMA20, 0.62% above (bullish) its SMA50 and -35.03% below (bearish) its SMA200.