Goldman Sachs Group, Inc (NYSE:GS) shares, rose in value, with the stock price down by -0.95% to the previous day’s close as strong demand from buyers drove the stock to $602.67.
Actively observing the price movement in the recent trading, the stock is buoying the session at $608.44. The PE ratio was 13.99 over 12-month period. Referring to stock’s 52-week performance, its high was $672.19, and the low was $437.37. On the whole, GS has fluctuated by 9.79% over the past month.
With the market capitalization of Goldman Sachs Group, Inc currently standing at about $184.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 11.75, 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 GS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.27, with the price of GS currently trading nearly 2.23% and 8.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.13, while the 7-day volatility ratio is showing 1.69% which for the 30-day chart, stands at 1.67%. Furthermore, Goldman Sachs Group, Inc (GS)’s beta value is 1.32, and its average true range (ATR) is 16.02.
A comparison of Goldman Sachs Group, Inc (GS) with its peers suggests the former has fared considerably weaker in the market. GS showed an intraday change of -0.95% in today’s session so far, and over the past year, it grew by 30.68%%.
Data on historical trading for Goldman Sachs Group, Inc (NYSE:GS) indicates that the trading volumes over the past 3 months, they’ve averaged 2.99 million. According to company’s latest data on outstanding shares, there are 307.63 million shares outstanding.
Nearly 0.55% of Goldman Sachs Group, Inc’s shares belong to company insiders and institutional investors own 75.27% of the company’s shares. The stock has risen by 5.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GS stock heading into the next quarter.
