Witnessing the stock’s movement on the chart, on Thursday, Huntington Bancshares, Inc. (NASDAQ: HBAN) set off with pace as it heaved 0.94% to $15.06, before settling in for the price of $14.92 at the close. Taking a more long-term approach, HBAN posted a 52-week range of $9.25-$15.21.
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In the past 5-years timespan, the Financial sector firm’s annual sales growth was 16.92%. Meanwhile, its Annual Earning per share during the time was 0.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.65%. This publicly-traded company’s shares outstanding now amounts to $1.45 billion, simultaneously with a float of $1.43 billion. The organization now has a market capitalization sitting at $21.83 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.49, while the 200-day Moving Average is $12.63.
Huntington Bancshares, Inc. (HBAN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. Huntington Bancshares, Inc.’s current insider ownership accounts for 1.30%, in contrast to 82.24% institutional ownership. According to the most recent insider trade that took place on Jul 23 ’24, this organization’s Executive V.P. and Controller sold 57,537 shares at the rate of 15.15, making the entire transaction reach 871,686 in total value, affecting insider ownership by 69,595. Preceding that transaction, on Jul 23 ’24, Company’s CFO and Senior Exec. V.P. sold 33,000 for 15.13, making the whole transaction’s value amount to 499,290. This particular insider is now the holder of 265,809 in total.
Huntington Bancshares, Inc. (HBAN) Earnings and Revenue Records
Huntington Bancshares, Inc.’s EPS decrease for this current 12-month fiscal period is -4.65% and is forecasted to reach 1.38 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -5.50% through the next 5 years, which can be compared against the 0.68% growth it accomplished over the previous five years trading on the market.
Huntington Bancshares, Inc. (NASDAQ: HBAN) Trading Performance Indicators
Let’s observe the current performance indicators for Huntington Bancshares, Inc. (HBAN). The Stock has managed to achieve an average true range (ATR) of 0.35. Alongside those numbers, its PE Ratio stands at $14.29, and its Beta score is 1.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.91. Similarly, its price to free cash flow for trailing twelve months is now 6.99.
In the same vein, HBAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.05, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.38 at the market close of one year from today.
Technical Analysis of Huntington Bancshares, Inc. (HBAN)
Going through the that latest performance of [Huntington Bancshares, Inc., HBAN]. Its last 5-days volume of 21.47 million indicated improvement to the volume of 17.54 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 88.84% While, its Average True Range was 0.36.
Raw Stochastic average of Huntington Bancshares, Inc. (HBAN) in the period of the previous 100 days is set at 94.21%, which indicates a major rise in contrast to 92.39% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.99% that was lower than 24.69% volatility it exhibited in the past 100-days period.
