Home / Street Sector / Active Momentum Stocks in New Buzz: First Horizon National (NYSE:FHN), 58.com (NYSE:WUBA), SM Energy (NYSE:SM)

Active Momentum Stocks in New Buzz: First Horizon National (NYSE:FHN), 58.com (NYSE:WUBA), SM Energy (NYSE:SM)

Shares of First Horizon National Corporation (NYSE:FHN) [Trend Analysis] runs in leading trade, it surging 1.47% to traded at $15.17. The firm has price volatility of 1.47% for a week and 1.59% for a month. Its beta stands at 1.16 times. First Tennessee Bank will contribute $1M to expand its financial literacy efforts through a alliance with global financial dignity and economic empowerment nonprofit, Operation HOPE, Inc. The $1 million investment in Operation HOPE’s new HOPE Fund will support creation of the First Tennessee Financial Education & Empowerment Program, which will offer free financial education to youth, adults, and small businesses.

The curriculum will be facilitated by First Tennessee’s employee volunteers, strategic nonprofit alliance partners, and counselors at First Tennessee HOPE Inside offices. “First Tennessee is committed to providing financial literacy education, tools and support to help our consumers and communities reach their financial goals,“ stated Bryan Jordan, chairman, president and CEO of First Tennessee’s parent firm, First Horizon National Corp. (FHN).

“We are committed to making our communities stronger, because we know that when our communities succeed, First Tennessee can succeed.” Narrow down four to firm performance, its weekly performance was 0.20% and monthly performance was 0.00%. The stock price of FHN is moving up from its 20 days moving average with 0.16% and isolated positively from 50 days moving average with 1.58%.

Several matter pinch shares of 58.com Inc. (NYSE:WUBA) [Trend Analysis], as shares moving up 0.51% to $49.04 with a share volume of 1.12 Million. 58.com Inc. (WUBA) reported that Guazi.com Inc., the Firm’s minority-owned market-leading consumer-to-consumer (C2C) used car trading platform, recently closed another round of equity financing from Matrix Partners China and Blue Run Ventures. Following the closing, 58.com holds a 34% stake in Guazi on a fully diluted basis. Guazi is a rapidly growing, market-leading C2C used car trading platform which directly links individual car sellers and buyers.

Guazi expects used car transaction volumes to grow rapidly and is expanding into transactional services. Guazi plans to invest in enhancing its brand image, upgrading its technology and strengthening its used car and auto-industry partner network. With a strong focus on technology and efficient management of its sales channels, Guazi offers an exceptional consumer experience that assists create the industry standard. The stock is going forward its 52-week low with 22.57% and moving down from its 52-week high price with -30.21%. To have technical analysis views, liquidity ratio of a firm was calculated 0.50 as evaluated with its debt to equity ratio of 0.10. The float short ratio was 80.64%, as compared to sentiment indicator; Short Ratio was 5.71.

SM Energy Firm (NYSE:SM) [Trend Analysis] luring active investment momentum, shares raise 11.82% to $36.51. The total volume of 3.49 Million shares held in the session was surprisingly higher than its average volume of 3395.95 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -167.50%, and looking additional price to next year’s EPS is 34.00%. While take a short look on price to sales ratio, that was 2.63.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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