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First Niagara Financial Group Inc. Message Board

  • techglass1 techglass1 Nov 15, 2012 3:42 PM Flag

    Stock price is the lowest in over 5 years

    FNFG"s stock price intraday has hit the lowest price in over 5 years. Even during the banking crisis the stock held up better. With a tangible book value of $5.59 a share the stock is cheap relative to its past trading multiple. They are executing fundamentaly better than most banks in the country. There has got to be something fundamentaly wrong that people know holding this stock back. Trading almost at $7 seems way too low for a company building capital and growing as well as it is in every business segment.

10.58-0.09(-0.84%)Oct 13 4:00 PMEDT