First Horizon Stock Hits New 52-Week High (FHN)

NEW YORK ( TheStreet) -- First Horizon National (NYSE: FHN) hit a new 52-week high Wednesday as it is currently trading at $11.84, above its previous 52-week high of $11.80 with 2.3 million shares traded as of 1:01 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.

First Horizon has a market cap of $2.71 billion and is part of the financial sector and banking industry. Shares are up 18.1% year to date as of the close of trading on Tuesday.

First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally.

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TheStreet Ratings rates First Horizon as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full First Horizon Ratings Report.

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