Zions Stock Hits New 52-Week High (ZION)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Friday as it is currently trading at $30.40, above its previous 52-week high of $29.98 with 494,920 shares traded as of 10:06 a.m. ET. Average volume has been two million shares over the past 30 days.
Zions has a market cap of $5.44 billion and is part of the financial sector and banking industry. Shares are up 38.7% year to date as of the close of trading on Wednesday.
Zions Bancorporation, a financial holding company, provides banking and related services in the United States.
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TheStreet Ratings rates
Zions
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
.
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