Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 42.23%.However, over the last six months, we can see a weaker performance of 27.39%. Over the last 30 days, the price of FHN has leaped by -4.69%. And in the last five days, it has fallen by -0.10%.
First Horizon Corporation experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $21.72 on 11/25/24, while the lowest price for the same period was registered at $12.95 on 01/17/24.
52-week price history of FHN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. First Horizon Corporation’s current trading price is -7.27% away from its 52-week high, while its distance from the 52-week low is 55.52%. The stock’s price range during this period has varied between$12.95 and $21.72. The First Horizon Corporation’s shares, which operate in the Financial, saw a trading volume of around 3.5 million for the day, a figure considerably lower than their average daily volume of 6.46 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
First Horizon Corporation (FHN) has experienced a quarterly rise of 34.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.68B and boasts a workforce of 7249 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.71, with a change in price of +5.19. Similarly, First Horizon Corporation recorded 5,999,220 in trading volume during the last 100 days, posting a change of +34.72%.
FHN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FHN stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.13.
FHN Stock Stochastic Average
First Horizon Corporation’s raw stochastic average for the past 50 days is presently 67.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 54.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 51.03% and 52.72%, respectively.
