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Provident Financial Services Shares Dip Below 200 Day Average

In a concerning turn, shares of Provident Financial Services Inc have dipped below their 200-day moving average. Trading down 1.5% today, the stock highlights potential difficulties in its current performance metrics, raising investor concerns.

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AI Rating:   5

Stock Performance Overview: Provident Financial Services Inc (PFS) recently saw its shares cross below the critical 200-day moving average of $17.95, currently trading at $17.80, down approximately 1.5% on the day. This movement below the 200-day average can signal bearish investor sentiment and potential troubles with stock performance.

52-Week Range: The stock has experienced a low trading point of $13.07 and a high of $22.24 within the last 52 weeks, indicating substantial volatility. Currently, it’s nearing the midpoint of this range, but the downward trend is concerning.