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Scanning the list of 52-week highs from Tuesday's trading, I noticed that Tennessee-based SmartFinancial (SMBK), a small-cap bank holding company, hit its fourth 52-week high of the past year at $31.54.
Up 66% since hitting a 52-week low of $19 in mid-April, it also hit a 2-year, 3-year, 5-year, and 10-year high on Tuesday. Over the past five years, it’s hit $30 twice. The last time was November 2022. However, the stock failed to maintain momentum and fell back to $20s.
