The market has been high on Huntington Bancshares Incorporated (HBAN) stock recently. HBAN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Huntington Bancshares Incorporated has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HBAN!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With HBAN Stock Today?
Huntington Bancshares Incorporated (HBAN) stock has risen 3.99% while the S&P 500 is down -0.08% as of 2:45 PM on Tuesday, Jan 4. HBAN is up $0.63 from the previous closing price of $15.80 on volume of 5,628,514 shares. Over the past year the S&P 500 is higher by 29.51% while HBAN is up 30.81%. HBAN earned $0.92 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.78.
To see InvestorsObserver's Sentiment Score for Huntington Bancshares Incorporated click here.
More About Huntington Bancshares Incorporated
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.
Click Here to get the full Stock Report for Huntington Bancshares Incorporated stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
