A major move is in the offing as Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) market cap hits 119.95 billion

On Monday, Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) opened higher 0.68% from the last session, before settling in for the closing price of $10.22. Price fluctuations for MUFG have ranged from $7.89 to $11.72 over the past 52 weeks.

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During the last 5-year period, the sales growth of Financial Sector giant was 8.37%. Company’s average yearly earnings per share was noted 20.11% at the time writing. With a float of $11.66 billion, this company’s outstanding shares have now reached $11.69 billion.

Let’s determine the extent of company efficiency that accounts for 145412 employees. In terms of profitability, gross margin is 100.0%, operating margin of 15.32%, and the pretax margin is 27.33%.

Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Insider Activity

A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of Mitsubishi UFJ Financial Group, Inc. ADR is 0.02%, while institutional ownership is 7.08%.

Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.16) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 20.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.35% during the next five years compared to 7.39% growth over the previous five years of trading.

Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) Trading Performance Indicators

Check out the current performance indicators for Mitsubishi UFJ Financial Group, Inc. ADR (MUFG). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.04 in one year’s time.

Technical Analysis of Mitsubishi UFJ Financial Group, Inc. ADR (MUFG)

Looking closely at Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG), its last 5-days average volume was 1.4 million, which is a drop from its year-to-date volume of 2.51 million. As of the previous 9 days, the stock’s Stochastic %D was 13.61%. Additionally, its Average True Range was 0.21.

During the past 100 days, Mitsubishi UFJ Financial Group, Inc. ADR’s (MUFG) raw stochastic average was set at 51.85%, which indicates a significant increase from 21.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.46% in the past 14 days, which was lower than the 34.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.39, while its 200-day Moving Average is $10.22. However, in the short run, Mitsubishi UFJ Financial Group, Inc. ADR’s stock first resistance to watch stands at $10.33. Second resistance stands at $10.36. The third major resistance level sits at $10.41. If the price goes on to break the first support level at $10.25, it is likely to go to the next support level at $10.20. Should the price break the second support level, the third support level stands at $10.17.

Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) Key Stats

There are currently 11,726,188K shares outstanding in the company with a market cap of 119.95 billion. Presently, the company’s annual sales total 79,518 M according to its annual income of 10,286 M. Last quarter, the company’s sales amounted to 21,860 M and its income totaled 3,558 M.