First Horizon Corporation (NYSE:FHN) currently has a daily average trading volume of 6.67M but it saw 5661716 shares traded in last market. With a market cap of 10.22B USD, the company’s current market price of $19.27 came rising about 0.84 while comparing to the previous closing price of $19.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.72 and as low as $12.95. In the recent trading on the day, stock has struck highest price mark of $19.13 while lowest mark touched by it was $19.65.
Taking a look at 20-day trading activity of First Horizon Corporation (FHN) gives us an average price of $20.47, while its current price level is -11.28% below from 52-week high level whereas it is 48.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.09 while that of 200 days or SMA-200 reads an average of $16.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.97% during that period while stretching the period over a month that decreases to 2.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.76 which implies that the stock is in neutral territory.
Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on September 24, 2024 while assigning a price target range of $20-$17. Raymond James issued its recommendations for the stock as it downgraded the price target for the stock is $18.
Over the week, FHN’s stock price is moving -5.77% down while it is -4.18% when we observe its performance for the past one month. Year-to-date it is 36.09% up and over the past year, the stock is showing an upside performance of 37.94%.
Currently, First Horizon Corporation’s total number of outstanding shares is 532.18M. Company’s return on investment (ROI) stands at 7.40% and return on equity (ROE) at 9.05%. It has a price to earnings ratio (P/E ratio) of 14.01 while having a 12.01 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 2.00. Its return on asset (ROA) is 0.96% on average.
