NEW YORK (

TheStreet

) --

First Niagara Financial Group Inc

(Nasdaq:

FNFG

) hit a new 52-week low Friday as it is currently trading at $9.28, below its previous 52-week low of $9.29 with 2.2 million shares traded as of 3:06 p.m. ET. Average volume has been 4.1 million shares over the past 30 days.

First Niagara Financial Group has a market cap of $2.8 billion and is part of the

financial

sector and

banking

industry. Shares are down 31.7% year to date as of the close of trading on Thursday.

First Niagara Financial Group, Inc. operates as the holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. The company has a P/E ratio of 13.6, above the average banking industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates First Niagara Financial Group as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself. You can view the full

First Niagara Financial Group Ratings Report

.

See all

52-week low stocks

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