Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) on Friday, soared 3.65% from the previous trading day, before settling in for the closing price of $15.34. Within the past 52 weeks, MUFG’s price has moved between $9.85 and $15.37.
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A company in the Financial sector has jumped its sales by 22.75% annually for the last half of the decade. The company achieved an average annual earnings per share of 10.75%. With a float of $11.42 billion, this company’s outstanding shares have now reached $11.42 billion.
In an organization with 156253 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.02%, operating margin of 21.0%, and the pretax margin is 21.0%.
Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Insider Updates
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 2.95%.
Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.39 earnings per share (EPS) for the period topping the consensus outlook (set at 0.26) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.65% during the next five years compared to 22.75% 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 2.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.33 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 3.45 million. That was inferior than the volume of 5.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.04%.
During the past 100 days, Mitsubishi UFJ Financial Group, Inc. ADR’s (MUFG) raw stochastic average was set at 95.44%, which indicates a significant increase from 89.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.20 in the past 14 days, which was lower than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.93, while its 200-day Moving Average is $12.80. However, in the short run, Mitsubishi UFJ Financial Group, Inc. ADR’s stock first resistance to watch stands at $16.08. Second resistance stands at $16.27. The third major resistance level sits at $16.37. If the price goes on to break the first support level at $15.79, it is likely to go to the next support level at $15.69. Assuming the price breaks the second support level, the third support level stands at $15.50.
Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) Key Stats
Market capitalization of the company is 181.58 billion based on 12,067,711K outstanding shares. Right now, sales total 71,518 M and income totals 8,362 M. The company made 21,466 M in profit during its latest quarter, and 3,768 M in sales during its previous quarter.
