Should You Buy Huntington Bancshares Incorporated (HBAN) Stock on Friday?

Huntington Bancshares Incorporated (HBAN) stock has risen 3.42% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Huntington Bancshares Incorporated has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HBAN!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With HBAN Stock Today?

Huntington Bancshares Incorporated (HBAN) stock has fallen -0.56% while the S&P 500 has gained 0.58% as of 1:53 PM on Friday, Mar 18. HBAN has fallen -$0.09 from the previous closing price of $15.19 on volume of 5,958,160 shares. Over the past year the S&P 500 has risen 11.65% while HBAN has fallen -6.15%. HBAN earned $0.90 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.84.

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.