Pre-Market Scans on Banks Stocks -- Huntington Bancshares, Regions Financial, BB&T, Itau Unibanco Holding, and Banco Bradesco Editor Note: For more information about this release, please scroll to bottom
LONDON, August 28, 2014 /PRNewswire/ --
On Wednesday, August 27, 2014, the NASDAQ Composite ended at 4,569.62, down 0.02%, the Dow Jones Industrial Average finished the day 0.09% higher at 17,122.01, and the S&P 500 closed flat at 2,000.12. The gains were broad based with six out of ten sectors ending the session in positive. The S&P 500 Financials Sector Index ended the day at 313.72, down 0.16%, whereas the index has advanced 4.86% in the previous three months. Investor-Edge has initiated coverage on the following equities: Huntington Bancshares Inc. (NASDAQ: HBAN), Regions Financial Corporation (NYSE: RF), BB&T Corporation (NYSE: BBT), Itau Unibanco Holding S.A. (NYSE: ITUB), and Banco Bradesco S.A. (NYSE: BBD). Free research on these five companies can be accessed at:
On Wednesday, shares in Huntington Bancshares Inc. fluctuated between $9.82 and $9.95 before ending the session 0.71% lower at $9.83. The stock reported a trading volume of 3.62 million shares, much below its three months average volume of 7.64 million shares. Shares of the company traded at a PE ratio of 12.69. Huntington Bancshares Inc.'s shares have fallen by 0.10% in the previous three trading sessions and 1.50% in the last one month, while the stock has gained 7.20% in the past three months. The company's stock is trading above its 50-day and 200-day moving averages of $9.67 and $9.46, respectively. Moreover, shares of Huntington Bancshares Inc.'s have a Relative Strength Index (RSI) of 60.88. Sign up and read the free notes on HBAN at:
Regions Financial Corp.'s stock edged 0.97% lower, to close the day at $10.16. The stock recorded a trading volume of 6.08 million shares, below its three months average volume of 12.67 million shares. The company's shares oscillated between $10.14 and $10.30 during the session. Over the last three trading sessions and over the past three months, Regions Financial Corp.'s shares have advanced 0.59% and 0.40%, respectively. Further, the stock has gained 2.73% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. Regions Financial Corp.'s 50-day moving average of $10.31 is above its 200-day moving average of $10.28. Additionally, the stock traded at a PE ratio of 12.57 and has an RSI of 57.68. The complimentary notes on RF can be downloaded as in PDF format at:
On Wednesday, shares in BB&T Corp. recorded a trading volume of 1.54 million shares, lower than its three months average volume of 3.32 million shares. The stock ended the day at $37.18, which was 0.85% below its previous day's closing of $37.50, and registered an intraday range of $37.14 and $37.65. Shares of the company traded at a PE ratio of 12.20. Although BB&T Corp.'s stock has advanced 0.38% in the previous three trading sessions, it has fallen by 1.93% in the last one month and 2.08% in the past three months. The company's stock is trading below its 50-day and 200-day moving averages of $38.03 and $37.62, respectively. Furthermore, shares of BB&T Corp. have an RSI of 55.70. Register for free on Investor-Edge and access the latest research on BBT at:
Itau Unibanco Holding S.A.'s stock surged 3.70% to end Wednesday's session at $17.64, hitting a new 52-week high of $17.69. The stock recorded a trading volume of 15.73 million shares, above its three months average volume of 9.33 million shares. The company's shares fluctuated between $17.19 and $17.69 during the session. Itau Unibanco Holding S.A.'s shares have surged 42.99% since the start of this year. Further, the stock has gained 7.50% over the previous three trading sessions and 10.11% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. Itau Unibanco Holding S.A.'s 50-day moving average of $15.39 is above its 200-day moving average of $13.61. Additionally, the stock has an RSI of 69.08. The complete research on ITUB is available for free at:
On Wednesday, Banco Bradesco S.A.'s stock finished the session 3.50% higher at $17.74, hitting a new 52-week high of $17.76. A total of 9.01 million shares were traded, which was above its three months average volume of 6.54 million shares. The stock vacillated between $17.25 and $17.76 during the session. Over the last one month and over the previous three months, Banco Bradesco S.A.'s shares have surged 11.92% and 23.45%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 41.58%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $15.43 is greater than its 200-day moving average of $13.63. Banco Bradesco S.A.'s stock has an RSI of 69.83. Free in depth research on BBD is available at:
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