Fifth Third Bancorp (FITB) grew with the stock adding 1.15% or $0.3 to close at $26.33 on active trading volume of 9.34M compared its three months average trading volume of 7.51M. The Cincinnati Ohio 45263 based company operating under the Regional – Midwest Banks industry has been trending up for the last 52 weeks, with the shares price now 60.25% up for the period and down by -2.37% so far this year. With price target of $27.07 and a 95.45% rebound from 52-week low, Fifth Third Bancorp has plenty of upside potential, making it a hold with a view buy.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs. The Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2015, the company operated 1,254 full-service banking centers, including 95 Bank Mart locations, as well as 2,593 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.
Marathon Oil Corporation (MRO) dropped $-0.11 to close the day at a new closing price of $17.33, a -0.63% decrease in value from its previous closing price that moved the stock 170.61% above its 52 week low of $6.52. A total of 9.29M shares exchanged hands during the day compared with its three month average trading volume of 15.63M. The stock, which fluctuated between $17.15 and $17.48 during the day, currently situated -10.11% below its 52 week high. The stock is down by -4.99% in the past one month and up by 22.63% over the past three months. With a one year target estimate of $20.18 and RSI of 47.28, the stock still has upside potential, making it a hold for now.
Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to participate in developed and undeveloped leases totaling approximately 32,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Comcast Corporation (CMCSA) shares were down in last trading by -0.37% to $72.29. It experienced lighter than average volume on day. The stock increased in value by almost 1.93% over the past week and grew 3.86% in the past month. It is currently trading 5.43% above its 50 day moving average and 11.29% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -0.89% decrease in value from its one year high of $72.94. The RSI indicator value of 66.87, lead us to believe that it is a hold for now.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; cellular backhaul services to mobile network operators; and advertising services on cable networks, as well as on other platforms, such as digital, radio, and print media. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment, principally under the Universal Pictures, Illumination, and Focus Features names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; Universal studios theme park in Osaka, Japan; Wet n Wild, a water park in Orlando, Florida; and CityWalk, a dining, retail, and entertainment complex. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.