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MBWM Crosses Above Key Moving Average Level

By Dividend Channel Staff, Thursday, September 23, 12:07 PM ET
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In trading on Thursday, shares of Mercantile Bank Corp. (NASDAQ:MBWM) crossed above their 200 day moving average of $30.58, changing hands as high as $30.59 per share. Mercantile Bank Corp. shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of MBWM shares, versus its 200 day moving average:

Mercantile Bank Corp. 200 Day Moving Average Chart

Looking at the chart above, MBWM's low point in its 52 week range is $17.17 per share, with $34.47 as the 52 week high point — that compares with a last trade of $30.54.

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