Finance

Long-Term Investment or Short-Term? NewJersey Resources Corporation (NYSE:NJR), First Horizon National Corporation (NYSE:FHN)

NewJersey Resources Corporation (NYSE:NJR)

NewJersey Resources Corporation (NYSE:NJR), ended its previous trading session at $28 showing a loss of -0.420000000000002 or -1.48 percent with respect to the price of $28.42 when stock market opened. The company traded 413367 shares over the course of the trading day. Giving the average volume of 494.26 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 95.76 Million.

NewJersey Resources Corporation (NYSE:NJR) is currently trading lower than its price target which is set to $37.4 by the analyst. The stock is -38.85% Below its 1-Year High which is $45.79. NJR has a difference of 32.45% from its 1 year low which stands at $21.14. The company is currently rated by analyst who are keeping a close eye on the stock as 2.3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

NewJersey Resources Corporation (NYSE:NJR) Performance Snapshot

NewJersey Resources Corporation (NYSE:NJR) Price Insight

The stock needs to grow about $9.4 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -7.65%, -10.18% and -21.49 percent respectively. The stock trades about 2.61 percent of its Float giving its total shares Outstanding are 95.76 Million. NJR lost about -10.31 percent in 6 months showing its Average True Range of 0.87. The company currently has a RSI and Beta of 28.66 and 0.38.

While talking about NewJersey Resources Corporation (NYSE:NJR) valuation ratios, the stock trades with a P/S and P/B of 1.34 and 1.46 which is significantly better and attractive as compared to its peers.

First Horizon National Corporation (NYSE:FHN)

First Horizon National Corporation (NYSE:FHN), closed the last trading session at $9.65 with decrease of $-0.139999999999999 or -1.43 percent against the opening price of $9.79. The trading day volume of the company stands at 4.05 Million shares while the average trading volume of First Horizon National Corporation (NYSE:FHN) is 6.82 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 312.09 Million.

The price target of First Horizon National Corporation (NYSE:FHN) is currently set at 11.97 by the analysts. The stock is $-44.6 Below its 1-Year High which is $17.42. FHN hit its 1-Year low price of $6.27. The company is currently rated by analyst who are keeping a close eye on the stock as 1.9. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of First Horizon National Corporation (NYSE:FHN)

The value of the stock increased by 2.01% during the previous week performance. Looking at the 1 month performance of First Horizon National Corporation (NYSE:FHN), the stock dipped -4.36%. While the 1 year performance shows a negative percentage of -40.58 and year to date performance stands at -41.73%.

First Horizon National Corporation (NYSE:FHN) Analytical Review

The stock needs to grow about $2.32 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 0.62%, 2.22% and -16.04 percent respectively. The stock trades about 5.71 percent of its Float giving its total shares Outstanding are 312.09 Million. FHN gained about 8.92 percent in 6 months showing its Average True Range of 0.36. The company currently has a RSI and Beta of 51.61 and 1.52.

While talking about First Horizon National Corporation (NYSE:FHN) valuation ratios, the stock trades with a P/S and P/B of 3.37 and 0.64 which is significantly better and attractive as compared to its peers.