The Western Union Company [WU] Is Currently 0.24 below its 200 Period Moving Avg: What Does This Mean?

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The Western Union Company [NYSE: WU] gained 0.24% or 0.03 points to close at $12.52 with a heavy trading volume of 6697027 shares. The company report on August 22, 2023 at 4:05 PM that Western Union Highlights Continuing ESG Progress in 2022 Report.

Company Releases Annual ESG Report.

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It opened the trading session at $12.40, the shares rose to $12.57 and dropped to $12.265, the range by which the price of stock traded the whole day. The daily chart for WU points out that the company has recorded 0.89% gains over the past six months. However, it is still -24.33% lower than its most recent low trading price.

If we look at the average trading volume of 4.42M shares, WU reached to a volume of 6697027 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about The Western Union Company [WU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WU shares is $13.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WU stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for The Western Union Company shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on April 20, 2023.

The Average True Range (ATR) for The Western Union Company is set at 0.22, with the Price to Sales ratio for WU stock in the period of the last 12 months amounting to 1.06. The Price to Book ratio for the last quarter was 7.50, with the Price to Cash per share for the same quarter was set at 4.28. Price to Free Cash Flow for WU in the course of the last twelve months was 11.50.

Trading performance analysis for WU stock

The Western Union Company [WU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.88. With this latest performance, WU shares gained by 4.86% in over the last four-week period, additionally plugging by 0.89% over the last 6 months – not to mention a drop of -14.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WU stock in for the last two-week period is set at 68.16, with the RSI for the last a single of trading hit 78.19, and the three-weeks RSI is set at 62.51 for The Western Union Company [WU]. The present Moving Average for the last 50 days of trading for this stock 11.95, while it was recorded at 12.37 for the last single week of trading, and 12.47 for the last 200 days.

The Western Union Company [WU]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Western Union Company go to 1.37%.

An analysis of Institutional ownership at The Western Union Company [WU]

The top three institutional holders of WU stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in WU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in WU stock with ownership which is approximately 5.7381%.

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