Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) shares, rose in value, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $12.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $12.26. The PE ratio was 11.29 over 12-month period. Referring to stock’s 52-week performance, its high was $15.03, and the low was $8.75. On the whole, MUFG has fluctuated by 14.46% over the past month.
With the market capitalization of Mitsubishi UFJ Financial Group, Inc. ADR currently standing at about $143.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.17, with its dividend yield at 1.34%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MUFG’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.65, with the price of MUFG currently trading nearly 2.14% and -3.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.67, while the 7-day volatility ratio is showing 1.23% which for the 30-day chart, stands at 2.63%. Furthermore, Mitsubishi UFJ Financial Group, Inc. ADR (MUFG)’s beta value is 0.42, and its average true range (ATR) is 0.32.
A comparison of Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) with its peers suggests the former has fared considerably weaker in the market. MUFG showed an intraday change of 0.73% in today’s session so far, and over the past year, it grew by 20.96%%.
Data on historical trading for Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) indicates that the trading volumes over the past 3 months, they’ve averaged 8.67 million. According to company’s latest data on outstanding shares, there are 11.60 billion shares outstanding.
Nearly 0.02% of Mitsubishi UFJ Financial Group, Inc. ADR’s shares belong to company insiders and institutional investors own 2.04% of the company’s shares. The stock has risen by 5.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MUFG stock heading into the next quarter.
