Mizuho Financial Group, Inc. ADR (NYSE:MFG) shares, rose in value, with the stock price down by -1.77% to the previous day’s close as strong demand from buyers drove the stock to $5.56.
Actively observing the price movement in the last trading, the stock closed the session at $5.66. The PE ratio was 12.11 over 12-month period. Referring to stock’s 52-week performance, its high was $6.08, and the low was $3.45. On the whole, MFG has fluctuated by 9.66% over the past month.
With the market capitalization of Mizuho Financial Group, Inc. ADR currently standing at about $69.76 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.09, with its dividend yield at 1.56%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MFG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.18, with the price of MFG currently trading nearly 7.34% and 7.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.11, while the 7-day volatility ratio is showing 2.86% which for the 30-day chart, stands at 1.85%. Furthermore, Mizuho Financial Group, Inc. ADR (MFG)’s beta value is 0.43, and its average true range (ATR) is 0.14.
A comparison of Mizuho Financial Group, Inc. ADR (MFG) with its peers suggests the former has fared considerably weaker in the market. MFG showed an intraday change of -1.77% in last session, and over the past year, it grew by 39.00%%.
Data on historical trading for Mizuho Financial Group, Inc. ADR (NYSE:MFG) indicates that the trading volumes over the past 3 months, they’ve averaged 3.60 million. According to company’s latest data on outstanding shares, there are 12.55 billion shares outstanding.
Nearly 0.01% of Mizuho Financial Group, Inc. ADR’s shares belong to company insiders and institutional investors own 1.29% of the company’s shares. The stock has risen by 13.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MFG stock heading into the next quarter.
