Synchrony Financial (NYSE:SYF) shares, rose in value on Wednesday, May 07, with the stock price up by 0.69% to the previous day’s close as strong demand from buyers drove the stock to $53.77.
Actively observing the price movement in the last trading, the stock closed the session at $53.40. The PE ratio was 7.38 over 12-month period. Referring to stock’s 52-week performance, its high was $70.93, and the low was $40.54. On the whole, SYF has fluctuated by 20.00% over the past month.
With the market capitalization of Synchrony Financial currently standing at about $20.47 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 1.95%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SYF’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.46, with the price of SYF currently trading nearly 6.92% and 3.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.22, while the 7-day volatility ratio is showing 2.54% which for the 30-day chart, stands at 5.04%. Furthermore, Synchrony Financial (SYF)’s beta value is 1.42, and its average true range (ATR) is 2.28.
A comparison of Synchrony Financial (SYF) with its peers suggests the former has fared considerably weaker in the market. SYF showed an intraday change of 0.69% in last session, and over the past year, it grew by 17.92%%.
Data on historical trading for Synchrony Financial (NYSE:SYF) indicates that the trading volumes over the past 3 months, they’ve averaged 4.96 million. According to company’s latest data on outstanding shares, there are 380.54 million shares outstanding.
Nearly 0.46% of Synchrony Financial’s shares belong to company insiders and institutional investors own 102.07% of the company’s shares. The stock has fallen by -17.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SYF stock heading into the next quarter.
