NEW YORK ( TheStreet) -- First Midwest Bancorp Inc (Nasdaq: FMBI) hit a new 52-week low Tuesday as it is currently trading at $9.09, below its previous 52-week low of $9.26 with one million shares traded as of 2:46 p.m. ET. Average volume has been 378,700 shares over the past 30 days.

First Midwest has a market cap of $812.5 million and is part of the financial sector and banking industry. Shares are down 17.2% year to date as of the close of trading on Monday.

First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides various commercial and retail banking services to consumer, commercial and industrial, and public or governmental customers in Illinois.
  • Practice your FMBI trading strategies and win cash in our stock game.

TheStreet Ratings rates First Midwest as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full First Midwest Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

If you liked this article you might like

Bullish and Bearish Reversals for This Week

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: EFF, NHF, FMBI

The Jonas Effect: What to Expect in Post-Blizzard Week Ahead

First Week Of August 21st Options Trading For First Midwest Bancorp (FMBI)

Why First Midwest Bancorp (FMBI) Stock Is Higher Today