Huntington Reaches New 52-Week High (HBAN)

NEW YORK ( TheStreet) -- Huntington (Nasdaq: HBAN) hit a new 52-week high Monday as it is currently trading at $8.55, above its previous 52-week high of $8.50 with 3.5 million shares traded as of 10:10 a.m. ET. Average volume has been 9.8 million shares over the past 30 days.

Huntington has a market cap of $6.88 billion and is part of the financial sector and banking industry. Shares are up 33% year to date as of the close of trading on Friday.

Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..

null

More from Markets

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down