3 Stocks With Upside Potential: Huntington Bancshares Incorporated(NASDAQ:HBAN), Magnum Hunter Resources Corp(NYSE:MHR) and Glencore International PLC, St. Helier(OTCMKTS:GLNCY)
New York, NY – GDP INSIDER – 01/15/2015.
This article discusses three companies: Huntington Bancshares Incorporated(NASDAQ:HBAN), Magnum Hunter Resources Corp(NYSE:MHR) and Glencore International PLC, St. Helier(OTCMKTS:GLNCY)
Huntington Bancshares Incorporated(NASDAQ:HBAN) saw a decline of 1.30% to $0.13 per share during yesterday’s trading and closed the day at $9.85. The stock lost an additional 0.51% during afterhours trading. The stock has a beta of 1.25, meaning it is 25% more volatile than the market, and a short float of 2.74%. The ticker has a profit margin of 30.70% and an operating of 48%. Shares of Huntington Bancshares Incorporated were down 6.37% year-to-date during yesterday’s trading. Analysts at Barclays, hold an ‘equal weight’ rating on the shares of Huntington Bancshares Incorporated.
Magnum Hunter Resources Corp(NYSE:MHR) slid 1.26% to $0.03 per share and hit its 52-week low during yesterday’s trading to close the day at $2.36, as the crude oil prices surged 5.6% to $48.48/barrel for WTI and 4.10% to $48.69/barrel for Brent. Recently, analysts at Stephens downgraded their equal weight rating on the shares of Magnum Hunter Resources Corp to underweight rating. The US based independent oil and gas company traded 12.28 million shares yesterday, which is greater than its 30-day average trading volume of 6.95 million. The stock, however, gained 3.39% to $0.03 during afterhours trading.
Glencore International PLC, St. Helier(OTCMKTS:GLNCY) saw a decline of 7.68% yesterday as the stock hit its 52-week low of $7.29 during intraday trading to close the day at $7.45. The $52.98 billion stock, which traded within a range of $7.29 to $7.55 after opening the day at $7.30, had a trading volume of 9.79 million and 6.56 shares outdistancing. Glencore International PLC, St. Helier has a beta of 0.80, meaning it is 20% less volatile than the market.
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