First Horizon National Corporation (NYSE:FHN) has been under a strong bear grip, hence the stock is down -2.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.11% in the past 1 week. The stock has risen by 1.4% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.93% in the past 4 weeks.
The company shares have dropped -12.50% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $16.35 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $13.88 and the 200 Day Moving Average price is recorded at $13.39.
The stock has recorded a 20-day Moving Average of 2.09% and the 50-Day Moving Average is 0.36%.
First Horizon National Corporation (NYSE:FHN): stock turned positive on Friday. Though the stock opened at $13.71, the bulls momentum made the stock top out at $13.87 level for the day. The stock recorded a low of $13.67 and closed the trading day at $13.79, in the green by 2.22%. The total traded volume for the day was 1,995,616. The stock had closed at $13.49 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of First Horizon National Corp, Martin R Brad, had purchased 533 shares in a transaction dated on June 10, 2016. The transaction was executed at $26.12 per share with total amount equaling $13,922.
First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). FHN operates through four segments: regional banking, capital markets, corporate and non-strategic. As of December 31, 2014, FHNs subsidiaries had over 200 business locations in the United States and Hong Kong. As of December 31, 2014, the Bank had 182 branch locations in seven states: 168 branches in Tennessee; 2 branches in northwestern Georgia; 7 branches in northwestern Mississippi; 2 branches in North Carolina, and one branch each in Virginia, South Carolina, and Florida. At December 31, 2014, FTN Financial products and services were offered through 27 offices in total, including 26 offices in 16 states across the United States plus an office in Hong Kong.