NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $16.49, below its previous 52-week low of $16.51 with four million shares traded as of 2:16 p.m. ET. Average volume has been eight million shares over the past 30 days.
SunTrust Banks has a market cap of $9.47 billion and is part of the
industry. Shares are down 41% year to date as of the close of trading on Tuesday.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States. The company has a P/E ratio of 17, below the average banking industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates SunTrust Banks 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full
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