Fifth Third Bancorp (Cincinnati OH) (FITB) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Fifth Third Bancorp (Cincinnati OH) (FITB) experienced unusually high volume on Dec. 21, as the stock lost 2.71% to a closing price of $19.74. The stock saw 23.18 million shares trade hands over the course of the day on 59,232 trades. Given that the stock’s average daily volume over the last month has been 8.67 million shares a day, this represents a pretty substantial spike over the norm.

Fifth Third Bancorp (Cincinnati OH) has a P/B ratio of 1.08. It also has a P/E ratio of 11.9. The stock has traded between $21.93 and $17.14 over the last 52-weeks, its 50-day SMA is now $19.83, and its 200-day SMA $19.89.

Fifth Third Bancorp along with its subsidiaries provides financial products and services such as checking, savings and money market accounts, and credit products such as credit cards, installment loans, mortgage loans and leases.

Headquartered in Cincinnati, OH, Fifth Third Bancorp (Cincinnati OH) has 18,311 employees and is currently under the leadership of CEO Greg D. Carmichael.

For a complete fundamental analysis analysis of Fifth Third Bancorp (Cincinnati OH), check out Equities.com’s Stock Valuation Analysis report for FITB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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