Pinnacle Financial Partners (PNFP) Hits New Lifetime High

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Trade-Ideas LLC identified Pinnacle Financial Partners ( PNFP) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Pinnacle Financial Partners as such a stock due to the following factors:

  • PNFP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $11.0 million.
  • PNFP has traded 33,160 shares today.
  • PNFP is trading at a new lifetime high.

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More details on PNFP:

Pinnacle Financial Partners, Inc. operates as the holding company for Pinnacle Bank that provides various banking services to individuals, small-to medium-sized businesses, and professional entities in the United States. The stock currently has a dividend yield of 1%. PNFP has a PE ratio of 22.2. Currently there are 6 analysts that rate Pinnacle Financial Partners a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Pinnacle Financial Partners has been 138,800 shares per day over the past 30 days. Pinnacle Financial has a market cap of $1.7 billion and is part of the financial sector and banking industry. The stock has a beta of 1.48 and a short float of 4.2% with 6.46 days to cover. Shares are up 21.2% year-to-date as of the close of trading on Monday.

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