First Niagara Financial Group Stock Hits New 52-Week High (FNFG)

NEW YORK ( TheStreet) -- First Niagara Financial Group (Nasdaq: FNFG) hit a new 52-week high Monday as it is currently trading at $10.43, above its previous 52-week high of $10.41 with 423,457 shares traded as of 10:40 a.m. ET. Average volume has been 3.8 million shares over the past 30 days.

First Niagara Financial Group has a market cap of $3.61 billion and is part of the financial sector and banking industry. Shares are up 31.3% year to date as of the close of trading on Friday.

First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.

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TheStreet Ratings rates First Niagara Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full First Niagara Financial Group Ratings Report.

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