Technical Coverage on Regional Banks Stocks - Huntington Bancshares, KeyCorp, FirstMerit, City National, and Associated Banc-Corp.
LONDON, February 12, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Huntington Bancshares Inc. (NASDAQ: HBAN), KeyCorp (NYSE: KEY), FirstMerit Corporation (NASDAQ: FMER), City National Corporation (NYSE: CYN), and Associated Banc-Corp (NYSE: ASB). Free research report on Huntington Bancshares can be accessed at http://get.Investor-Edge.com/pdf/?c=Huntington%20Bancshares&d=12-Feb-2015&s=HBAN. On Wednesday, February 11, 2015, the NASDAQ Composite ended at 4,801.18, up 0.28%, the Dow Jones Industrial Average lost 0.04%, to finish the day at 17,862.14, and the S&P 500 closed the day flat at 2,068.53. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 325.75, down 0.05%, while the index has advanced 0.25% in the last three trading sessions. Register for your complimentary reports at the links given below.
Huntington Bancshares Inc.'s stock edged 0.94% lower, to close the day at $10.50. The stock recorded a trading volume of 7.20 million shares, below its three months average volume of 9.85 million shares. The stock oscillated between $10.46 and $10.59 during the session. Over the last one month and over the past three months, Huntington Bancshares Inc.'s shares have gained 5.11% and 3.75%, respectively. Further, the stock has advanced 15.01% in the previous year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $10.20 is above its 200-day moving average of $9.79. Additionally, Huntington Bancshares Inc. traded at a PE ratio of 13.28 and has a Relative Strength Index (RSI) of 60.71. Sign up and read the free notes on HBAN at:
http://get.Investor-Edge.com/pdf/?c=Huntington%20Bancshares&d=12-Feb-2015&s=HBAN
On Wednesday, shares in KeyCorp recorded a trading volume of 12.51 million shares, higher than its three months average volume of 10.30 million shares. The stock ended the day at $13.92, which was 0.43% below its previous day's closing of $13.98, and registered an intraday range of $13.79 and $13.95. Shares of the company traded at a PE ratio of 13.20. KeyCorp's shares have gained 6.91% in the last one month, 3.26% in the previous three months and 8.67% in the past one year. The company is trading above its 50-day and 200-day moving averages of $13.39 and $13.52, respectively. Furthermore, shares of KeyCorp have an RSI of 60.00. The complimentary notes on KEY can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=KeyCorp&d=12-Feb-2015&s=KEY
FirstMerit Corp.'s stock edged 0.39% lower, to close Wednesday's session at $17.67, after oscillating between $17.48 and $17.79. The stock recorded a trading volume of 0.59 million shares, below its three months average volume of 1.06 million shares. Over the last three trading sessions and the previous year, FirstMerit Corp.'s shares have lost 1.34% and 13.47%, respectively. However, the stock has gained 0.80% in the last one month. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $18.22 is above its 50-day moving average of $17.82. Further, FirstMerit Corp.'s stock traded at a PE ratio of 12.96 and has an RSI of 53.43. Register for free on Investor-Edge and access the latest research on FMER at:
http://get.Investor-Edge.com/pdf/?c=FirstMerit&d=12-Feb-2015&s=FMER
City National Corp.'s stock finished Wednesday's session 0.13% lower at $88.96. A total of 0.31 million shares were traded, which was below its three months average volume of 0.69 million shares. The stock moved between $88.68 and $89.14 during the session. Over the last one month and the previous three months, City National Corp.'s shares have surged 15.55% and 12.00%, respectively. Additionally, the stock has gained 24.32% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $81.07 is greater than its 200-day moving average of $76.48. City National Corp.'s stock traded at a PE ratio of 21.67 and has an RSI of 65.84. The complete research on CYN is available for free at:
http://get.Investor-Edge.com/pdf/?c=City%20National&d=12-Feb-2015&s=CYN
On Wednesday, shares in Associated Banc-Corp fluctuated between $17.99 and $18.31 before ending the session 0.77% lower at $18.12. The stock reported a trading volume of 0.62 million shares, below its three months average volume of 1.07 million shares. Shares of the company traded at a PE ratio of 15.49. Although, Associated Banc-Corp's shares have lost 0.77% in the previous three trading sessions, it has advanced 2.14% in the last one month and 10.09% in the previous year. The company is trading above its 50-day and 200-day moving averages of $17.93 and $17.94, respectively. Moreover, shares of Associated Banc-Corp have an RSI of 58.12. Free in depth research on ASB is available at:
http://get.Investor-Edge.com/pdf/?c=Associated%20Banc-Corp.&d=12-Feb-2015&s=ASB
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