Let’s start up with the current stock price of Huntington Bancshares Incorporated (HBAN), which is $16.48 to be very precise. The Stock rose vividly during the last session to $16.50 after opening rate of $16.309 while the lowest price it went was recorded $16.29 before closing at $16.27.
Recently in News on March 25, 2021, Huntington, TCF Shareholders Approve Merger Of TCF Into Huntington. Huntington Bancshares Incorporated (Nasdaq: HBAN; huntington.com) and TCF Financial Corporation (Nasdaq: TCF; tcfbank.com) jointly announced that each company’s shareholders have approved the proposed merger of TCF into Huntington at their respective special meetings of shareholders held today. You can read further details here
Huntington Bancshares Incorporated had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.91 on 03/18/21, with the lowest value was $12.41 for the same time period, recorded on 01/04/21.
Huntington Bancshares Incorporated (HBAN) full year performance was 82.60%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Huntington Bancshares Incorporated shares are logging -2.54% during the 52-week period from high price, and 135.93% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.99 and $16.91.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 7937211 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Huntington Bancshares Incorporated (HBAN) recorded performance in the market was 30.48%, having the revenues showcasing 14.21% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 16.62B, as it employees total of 15578 workers.
Analysts verdict on Huntington Bancshares Incorporated (HBAN)
During the last month, 0 analysts gave the Huntington Bancshares Incorporated a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 14.27, with a change in the price was noted +4.89. In a similar fashion, Huntington Bancshares Incorporated posted a movement of +42.19% for the period of last 100 days, recording 11,737,282 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HBAN is recording 0.77 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.77.
Huntington Bancshares Incorporated (HBAN): Technical Analysis
Raw Stochastic average of Huntington Bancshares Incorporated in the period of last 50 days is set at 88.95%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.44%. In the last 20 days, the company’s Stochastic %K was 64.75% and its Stochastic %D was recorded 59.57%.
Let’s take a glance in the erstwhile performances of Huntington Bancshares Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 30.48%. Additionally, trading for the stock in the period of the last six months notably improved by 64.31%, alongside a boost of 82.60% for the period of the last 12 months. The shares increased approximately by 2.30% in the 7-day charts and went up by 0.98% in the period of the last 30 days. Common stock shares were driven by 14.21% during last recorded quarter.