StockCall.com Provides Stock Research on U.S. Bancorp, Fifth Third Bancorp, Huntington Bancshares Inc., and Comerica Inc.
New York City, New York -- (June 12, 2013)
Regional banks in the U.S. have emerged significantly stronger post the financial crisis. Most banks already meet stringent Basel III capital requirements. However, the biggest challenge for regional banks is margin pressure. Record low interest rates in the U.S. have hurt banks’ net interest margins. On Tuesday, June 11, 2013, shares in regional banks ended mostly lower, as the broad market tumbled. The major movers in the sector includedU.S. Bancorp (NYSE: USB), Fifth Third Bancorp (NASDAQ: FITB), Huntington Bancshares Incorporation (NASDAQ: HBAN), and Comerica Incorporated (NYSE: CMA). StockCall has posted free technicalresearch on USB, FITB, HBAN, and CMA which can be downloaded upon sign up at
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Shares in U.S. Bancorp moved lower on Tuesday, following the trend shown by the broader market. The stock hit an intraday high of $35.57, before finishing the day 0.51% lower at $35.41. So far this year, the share has grown more than 11%, thus underperforming the S&P 500. The company’s stock currently trades above both their 20- and 50-day moving average price of $35.05 and $33.97 respectively. U.S. Bancorp saw volume turnover of 9.93 million shares during its Tuesday’s trading session. Its beta of 1.00 implies mild volatility. The stock traded in the range of $29.62 and $36.00 in the past 52 weeks. USB commands market capitalization of $65.50 billion. Sign up and read the complimentary report on USB at
www.StockCall.com/USB061213.pdf
Shares in Fifth Third Bancorp showed steep loss on Tuesday, losing 1.45% to close at $18.33. A total of 8.10 million shares were traded during the session, while its average daily trading volume stands at 7.84 million. The stock oscillated between $18.29 and $18.56 during the session. Over the past 5 trading days, the stock gained 0.71% while the markets wavered. So far this year, the share has grew 22.28%. Fifth Third Bancorp shares have high volatility with beta of 2.07. The company commands market capitalization of $16.04 billion. The stock is currently trading above its short-term and long-term SMA of $18.18 and $17.24 respectively. The free report on FITB can be downloaded by signing up now at
www.StockCall.com/FITB061213.pdf
Huntington Bancshares Incorporation’s stock ended lower on Tuesday, down 1.66% at $7.68. A total of 6.04 million shares were traded. With the wider market swaying sideways during the past five trading sessions, the company’s shares declined 0.9%. The stock has grew 22.29% so far this year. During yesterday’s session, the stock traded between $7.66 and $7.77 while its 52 weeks trading range stands at $5.81 and $7.95. Huntington Bancshares commands market capitalization of $6.44 billion. Its stock is highly volatile as implied by its beta of 1.55. Huntington Bancshares Incorporation stock grew 23.27% in the past 52 weeks. The stock is currently trading above its long-term moving average price of $7.40. Free report on HBAN can be accessed by registering at
www.StockCall.com/HBAN061213.pdf
Comerica Incorporated’s stock ended lower on Tuesday, finishing 1.90% lower at $38.12. A total of 1.384 million shares were traded during the session. The stock’s usual trading volume stands at 1.963 million shares. In the past 52 weeks, the stock traded between $27.72 and $40.44. Comerica commands market capitalization of $7.11 billion. Its stock is currently below its short-term moving average price of $39.11 but above long-term SMA of $37.04. Comerica’s stock trades at beta of 1.14, showing high volatility. The stock is up 29.26% in the past 52 weeks.Register withStockCall and download the research on CMA for free at
www.StockCall.com/CMA061213.pdf
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