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Stocks in Review: Facebook, Inc. (FB), Huntington Bancshares Incorporated (HBAN), CSX Corporation (CSX)


Facebook, Inc. (FB) traded within a range of $129.77 to $131.74 after opening the day at $130. The company has seen its stock increase in value by 14.28% so far this year. The stock was up close to 1.63% on light volume in last trading session and closed at $131.48 per share. After the recent gain, the stock is currently holding -1.51% below its 52 week high of $133.5 and 39.53% above its 12-month low of $94.23. The shares are down by over -1.35% in the last three months, and the RSI indicator value of 74.84 is bearish. The technical indicator is offering a warning sign that the stock can’t keep current pace going.

Facebook, Inc. operates as a mobile application and Website that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which enable people to reach others instantly, as well as enable businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2015, it had 1.04 billion daily active users (DAUs) and 934 million DAUs who accessed Facebook from a mobile device. The company has a partnership with the Federation of Indian Chambers of Commerce and Industry to augment the Millennium Alliance initiative, as well as support and expand the development of the social enterprise sector in India. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

Huntington Bancshares Incorporated (HBAN) continued its upward trend with the stock climbing 5.81% or $0.77 to close the day at $14.02 on active trading volume of 18.27M shares, compared to its three month average trading volume of 14.89M. The Columbus Ohio 43287 based company has been outperforming the regional – midwest banks group over the past 52 weeks, with the stock gaining 79.08%, compared to the industry which has advanced 51.68% over the same period. With RSI of 66.54, the stock should still continue to rise and get closer to its one year target estimate of $14.47, making it a hold for now.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

CSX Corporation (CSX) gained $1.1 to close the day at a new closing price of $47.79, a 2.36% increase in value from its previous closing price that moved the stock 126.64% above its 52 week low of $21.64. A total of 18.03M shares exchanged hands during the day compared with its three month average trading volume of 11.4M. The stock, which fluctuated between $46.9 and $47.84 during the day, currently situated 1.08% above its 52 week high. The stock is up by 30.25% in the past one month and up by 57.96% over the past three months. With a one year target estimate of $39.08 and RSI of 79.2, the stock still has upside potential, making it a sell for now.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.


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