Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) on Tuesday, plunged -0.26% from the previous trading day, before settling in for the closing price of $11.60. Within the past 52 weeks, MUFG’s price has moved between $8.19 and $11.72.
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A company in the Financial sector has jumped its sales by 8.37% annually for the last half of the decade. The company achieved an average annual earnings per share of 22.30%. With a float of $11.66 billion, this company’s outstanding shares have now reached $11.69 billion.
In an organization with 145412 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of Mitsubishi UFJ Financial Group, Inc. ADR is 0.02%, while institutional ownership is 7.06%.
Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.21 earnings per share (EPS) for the period topping the consensus outlook (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 22.30% 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
Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.83 million. That was inferior than the volume of 2.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.31%. 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 94.95%, which indicates a significant increase from 91.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.86% in the past 14 days, which was lower than the 35.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.51, while its 200-day Moving Average is $10.33. However, in the short run, Mitsubishi UFJ Financial Group, Inc. ADR’s stock first resistance to watch stands at $11.65. Second resistance stands at $11.74. The third major resistance level sits at $11.81. If the price goes on to break the first support level at $11.49, it is likely to go to the next support level at $11.42. The third support level lies at $11.33 if the price breaches the second support level.
Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) Key Stats
Market capitalization of the company is 134.87 billion based on 11,657,277K outstanding shares. Right now, sales total 79,518 M and income totals 10,286 M. The company made 21,860 M in profit during its latest quarter, and 3,558 M in sales during its previous quarter.
