Huntington Bancshares Incorporateds in-depth stock price analysis indicates that the stock price has rallied 8.96% 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 40.56% . Looking at the past 52 week period, the stock price is up at 61.37% . 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 Huntington Bancshares Incorporated has a positive value of 38.57 compared to overall market. Huntington Bancshares Incorporated (NASDAQ:HBAN) has climbed 0.07% in the past week and advanced 1.11% in the last 4 weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.73%. Huntington Bancshares Incorporated (NASDAQ:HBAN) has underperformed the index by 0.7% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Huntington Bancshares Incorporated (NASDAQ:HBAN) : On Friday heightened volatility was witnessed in Huntington Bancshares Incorporated (NASDAQ:HBAN) which led to swings in the share price. The stock opened for trading at $13.59 and hit $13.66 on the upside , eventually ending the session at $13.62, with a gain of 0.52% or 0.07 points. The heightened volatility saw the trading volume jump to 6,862,635 shares. The 52-week high of the share price is $14.17 and the company has a market cap of $14,787 million. The 52-week low of the share price is at $7.945 .
Huntington Bancshares Incorporated Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.22. The company had revenue of $1082.00 million for the quarter, compared to analysts expectations of $1041.42 million. The companys revenue was up 39.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 14 from a previous price target of $11 .Company shares were Reiterated by Wedbush on Nov 30, 2016 to Outperform, Raises Price Target to $ 14 from a previous price target of $13 .Huntington Bancshares Incorporated was Downgraded by Jefferies to Hold on Nov 28, 2016. Huntington Bancshares Incorporated was Upgraded by Macquarie to Outperform on Nov 22, 2016.
Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Ann B Crane (director) purchased 2,326 shares at 10.12 per share price.On Nov 30, 2016, Helga Houston (Senior Exec. V. P.) sold 8,378 shares at 12.33 per share price.On Nov 14, 2016, Sandra E. Pierce (Senior Exec Vice President) sold 52,994 shares at 11.63 per share price.
Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer banking business, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.