Huntington Rises On Unusually High Volume (HBAN)

NEW YORK ( TheStreet) -- Huntington (Nasdaq: HBAN) is trading at unusually high volume Tuesday with 19.1 million shares changing hands. It is currently at two times its average daily volume and trading up 19 cents (+2.4%) at $8.22 as of 4 p.m. ET.

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Huntington has a market cap of $6.6 billion and is part of the financial sector and banking industry. Shares are up 23.2% year to date as of the close of trading on Monday.

Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Huntington as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Huntington Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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