FirstMerit Corporation (symbol: FMER) was one of the biggest winners of the
trading day today (2016-01-26), gaining 18.35%. The number of shares that
changed hands was 42,406,058, or about 31.7 times the average daily volume
in the stock.
The closing price was $18.19, amounting to a market cap of $3,020,000,000,
about -15.36% off the highest price in the last 12 months. The stock has
been trading at a range between $15.33 and $21.49.
FMER is in the Major Banks industry, part of the Finance sector.
Looking at its valuation, the stock is now trading at 13.33 times earnings.
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