Fifth Third Bancorps in-depth stock price analysis indicates that the stock price has rallied 3.23% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 34.64% . Looking at the past 52 week period, the stock price is up at 78.28% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Fifth Third Bancorp has a positive value of 61.59 compared to overall market. Fifth Third Bancorp (NASDAQ:FITB) has tumbled 0.04% during the past week and has dropped 2.86% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.84%. Fifth Third Bancorp (NASDAQ:FITB) has underperformed the index by 4.6% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Fifth Third Bancorp (NASDAQ:FITB) : On Friday heightened volatility was witnessed in Fifth Third Bancorp (NASDAQ:FITB) which led to swings in the share price. The stock opened for trading at $26.38 and hit $26.66 on the upside , eventually ending the session at $26.51, with a gain of 1.38% or 0.36 points. The heightened volatility saw the trading volume jump to 4,849,787 shares. The 52-week high of the share price is $27.875 and the company has a market cap of $19,895 million. The 52-week low of the share price is at $13.84 .
Fifth Third Bancorp Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.44.Analysts expectations of $ 1539.59.During the same quarter in the previous year, the company posted $0.79 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Fifth Third Bancorp was Reiterated by Wedbush on Jan 25, 2017 to Neutral, Lowers Price Target to $ 26 from a previous price target of $27 .Fifth Third Bancorp was Downgraded by Macquarie to Neutral on Jan 25, 2017. Fifth Third Bancorp was Resumed by UBS on Jan 11, 2017 to Sell, Price Target of the shares are set at $25.Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 29 from a previous price target of $22 .Company shares were Reiterated by Wedbush on Nov 30, 2016 to Neutral, Raises Price Target to $ 26 from a previous price target of $25 .
Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Timothy Spence (EVP & CSO) sold 4,000 shares at 26.21 per share price.On Nov 28, 2016, Philip Mchugh (Executive Vice President) sold 18,619 shares at 26.28 per share price.On Nov 22, 2016, Teresa J. Tanner (EVP and CAO) sold 3,220 shares at 25.68 per share price.
Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. They engage primarily in commercial, retail and trust banking, data processing services, investment advisory services and leasing activities. In addition, the company provides credit life, accident, health and mortgage insurance, discount brokerage services and property management for its properties.