Friday’s Trade News Buzz on: Regions Financial (NYSE:RF), Alibaba Group Holding (NYSE:BABA), FirstEnergy (NYSE:FE)

Friday’s Trade News Buzz on: Regions Financial (NYSE:RF), Alibaba Group Holding (NYSE:BABA), FirstEnergy (NYSE:FE)

- in Business & Finance
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On Friday, Regions Financial Corp (NYSE:RF) closed at $9.33 with trading volume of 55.94 million shares up its average volume of 18.36 million. The company fell 4.18% with market capitalization of 12.21 billion. The stock’s institutional ownership stands at 75.30%. During the year, the lowest price at which share is traded was $8.54 and hit the highest price at $10.86

The share price is going higher than to its 52 week low with 11.44% while its 52 week high with -12.90%. Beta factor, which is used to measure risk associated with the stock, is stands at 1.96. The company offered net profit margin of 25.70%. ROE was recorded as 5.70%. Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank, Consumer Bank and Wealth Management.

Shares of Alibaba Group Holding Ltd (NYSE:BABA) finished down -1.16% to close at $82.59. The stock kicked off the day at $83.20 and traded between a low of $82.03 and a high of $83.75. The company traded 12.17 million shares less than average volume of 21.47 million shares. The stock’s worth is $207.65 billion. Analyst recommendation for this stock stands at 1.80.

Return on assets ratio of the company was 22.00% while its return on equity ratio was 38.00%. ATR value of company was 2.38 while stock volatility for week was 2.57% while for month was 2.59%. Debt to equity ratio of the company was 0.28% and its current ratio was 2.80%. Alibaba Group Holding Limited is a holding company. The Company is principally engaged in online and mobile commerce through products, services and technology. The Company provides retail and wholesale marketplaces available through both personal computer and mobile interfaces in the PRC and internationally.

FirstEnergy Corp. (NYSE:FE), showed bearish trend with lower momentum of -1.65% to close at $31.01. The company traded total volume of 5.47 million shares as contrast to its average volume of 4.68 million shares. The company has a market value of $13.12 billion and about 423.04 million shares outstanding. During the 52-week trading session the minimum price at which share price traded, registered at $28.89 and reached to max level of $41.68.

In the trailing twelve months, net profit margin of the company was 3.30% while gross profit margin was 71.30%. The company has 0.88% value in price to sale ratio while price to book ratio was recorded as 1.04%. The company earned $498.00 million in prior twelve months on revenue of $14.97 billion. FirstEnergy Corp. is a holding company. The Company operates through three segments: Regulated Distribution, Regulated Transmission and Competitive Energy Services (CES).

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