PBF Energy Inc. (NYSE:PBF) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 1.91% to 26.70 with around 151784 shares have changed hands in this session. PBF Energy Inc. (PBF) reported that it has priced its previously reported underwritten public offering of 10,000,000 shares of its Class A common stock for total gross proceeds of approximately $277.5 million.
The underwriter has offered the shares at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter market or through negotiated transactions. The underwriter has a 30-day option to purchase up to 1,500,000 additional shares. The Offering is expected to close on December 19, 2016, subject to customary closing conditions. The stock is going forward its fifty-two week low with 37.13% and lagging behind from its 52-week high price with -27.79%.
Similar, the positive performance for the quarter recorded as 15.47% and for the year was -21.35%, while the YTD performance remained at -26.33%. PBF has Average True Range for 14 days of 1.41.
Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) [Trend Analysis] swings enthusiastically in regular trading session, it an increase of 1.45% to close at $13.29. Huntington Bancshares Incorporated (HBAN) reported that its prime rate is increasing from 3.50 percent to 3.75 percent, effective Dec. 15, 2016.The rate was last changed on Dec. 17, 2015, when Huntington surged its prime rate from 3.25 percent to 3.5 percent.
Huntington Bancshares Incorporated (HBAN) is a regional bank holding company headquartered in Columbus, Ohio, with $101 billion of assets and a network of 1,103 branches and 1,979 ATMs across eight Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Moving forward to saw long-term intention, the experts calculate Return on Investment of 12.30%. The stock is going forward its fifty-two week low with 73.50% and lagging behind from its 52-week high price with -2.56%. HBAN last month stock price volatility remained 2.31%.