NEW YORK ( TheStreet) -- First Horizon National (NYSE: FHN) hit a new 52-week low Monday as it is currently trading at $5.88, below its previous 52-week low of $5.91 with 3.5 million shares traded as of 12:40 p.m. ET. Average volume has been 4.8 million shares over the past 30 days. First Horizon has a market cap of $1.7 billion and is part of the financial sector and banking industry. Shares are down 49.4% year to date as of the close of trading on Friday. First Horizon National Corporation operates as the holding company for First Tennessee Bank National Association, which provides various financial services in the United States and internationally. The company has a P/E ratio of 90.6, above the average banking industry P/E ratio of 53.7 and above the S&P 500 P/E ratio of 17.7.
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