Currently, the stock price of First Horizon Corporation (FHN) is $12.31. In the most recent trading session, the stock underwent a significant upswing, peaking at $12.3705 after opening at $12.26. The stock touched a low of $12.19 before closing at $12.35.
First Horizon Corporation’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $24.92 on 11/30/22, and the lowest price during the same period was recorded at $8.99 on 05/04/23.
52-week price history of FHN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. First Horizon Corporation’s current trading price is -50.60% away from its 52-week high, while its distance from the 52-week low is 36.93%. The stock’s price range during this period has fluctuated between $8.99 and $24.92. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 5.8 million for the day, which was evidently lower than the average daily volume of 6.79 million over the last three months.
Financial Performance and Market Capitalization
First Horizon Corporation (FHN) has experienced a quarterly rise of 0.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.88B and boasts a workforce of 7397 employees.
Analysts’ Ratings For First Horizon Corporation
As of right now, 3 analysts are rating First Horizon Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.89, with a change in price of +1.02. Similarly, First Horizon Corporation recorded 7,117,065 in trading volume during the last 100 days, posting a change of +9.03%.
FHN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FHN stands at 0.43. Similarly, the long-term debt-to-equity ratio is also 0.14.
FHN Stock Stochastic Average
First Horizon Corporation’s raw stochastic average for the past 50 days is currently at 88.84%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 88.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.97% and 88.74%, respectively.
FHN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -49.76%. However, over the past six months, we’ve seen a weaker performance of 11.50%. The price of FHN fallen by 16.46% over the last 30 days. And in the last five days, it has surged by 7.32%.