Macatawa Bank Up 7.5% After Hitting 52-Week High (MCBC)

Shares of Macatawa Bank Corporation MCBC are trading up 7.5% at $5.00 per share during the Monday afternoon trading session. The day's trading range for shares of Macatawa Bank Corporation has been between $4.61 and a 52-week high of $5.10 per share. Analysts covering Macatawa Bank Corporation (MCBC) stock give it a consensus price target of $1.00 per share. Trading volume for Macatawa Bank Corporation has been heavier than usual, with 102,000 shares having been traded today, already well above the daily average volume of 76,000 shares. Macatawa Bank Corporation is the parent company for Macatawa Bank, which offers a full range of banking, investment and trust services to individuals, businesses and governmental entities from a network of 26 full-service branches located throughout Michigan communities in Kent, Ottawa and northern Allegan counties. Read more from Benzinga's Company news.