Wednesday, February 9, 2011
Huntington Bank Looking Hot
Take a look at Huntington Bank (HBAN). P/E Ratio of 90.6 and a high volume to justify the movement in the stock prices. The beta is a bit high, +1.8, but given that the stock is finally on a rebound from a low of $1.00, achieved on 2/28/2009, I would take a serious look at this stock. HBAN is currently trading well below both the 50-day and the 200-day moving average.