Crescent Financial

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Crescent Financial ( CRFN) operates for the primary purpose of serving the banking needs of individuals, and small- to medium-sized businesses in its market area. This stock is trading down 1.3% at $4.33 in recent trading after hitting a 52-week high of $4.49 earlier in the day.

Today's Range: $4.37-$4.49

52-week Range: $2.00-$4.49

Volume: 3,363

Three-Month Average Volume: 21,043

Crescent Financial has a market cap of $41.52 million and an enterprise value of $168.32 million. Its estimated growth rate for the current quarter is 26.7%, and for the next quarter it's pegged at 84.6%. The current short interest as a percentage of the float for Crescent Financial is very low at just 0.20%.

From a technical standpoint, this stock is trigging a breakout toady now that shares are starting to move above some past overhead resistance at $4.25.

Market players should watch to see how the volume ends on the day if the stock can stay above $4.25. Any volume above the three-month average action of 21,043 should be considered bullish. If we see a high-volume close over $4.25, then look for the stock to trend back towards its next significant overhead resistance level at $5.05.

>>Stocks Rising on Unusual Volume

Keep in mind that this is a thinly traded stock, so that will keep short-term traders away since there just isn't enough liquidity. The lack of action would keep me away from this for any short-term trading.

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