Mitsubishi UFJ Financial Group, Inc. ADR [NYSE: MUFG] stock went on a downward path that fall over -2.50% on Monday, amounting to a one-week price decrease of less than -6.84%.
Over the last 12 months, MUFG stock rose by 32.33%. The one-year Mitsubishi UFJ Financial Group, Inc. ADR stock forecast points to a potential upside of 5.35. The average equity rating for MUFG stock is currently 1.81, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $158.11 billion, with 11.60 billion shares outstanding and 11.60 billion shares in the current float. Compared to the average trading volume of 6.15M shares, MUFG stock reached a trading volume of 10015465 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Mitsubishi UFJ Financial Group, Inc. ADR [MUFG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MUFG shares is $14.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MUFG stock is a recommendation set at 1.81. 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.
BofA Securities have made an estimate for Mitsubishi UFJ Financial Group, Inc. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 27, 2022. The new note on the price target was released on January 13, 2021, representing the official price target for Mitsubishi UFJ Financial Group, Inc. ADR stock.
The Average True Range (ATR) for Mitsubishi UFJ Financial Group, Inc. ADR is set at 0.35, with the Price to Sales ratio for MUFG stock in the period of the last 12 months amounting to 1.89. The Price to Book ratio for the last quarter was 1.22.
MUFG Stock Performance Analysis:
Mitsubishi UFJ Financial Group, Inc. ADR [MUFG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.84. With this latest performance, MUFG shares gained by 7.07% in over the last four-week period, additionally plugging by 30.93% over the last 6 months – not to mention a rise of 32.33% 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 MUFG stock in for the last two-week period is set at 49.70, with the RSI for the last a single of trading hit 42.98, and the three-weeks RSI is set at 52.94 for Mitsubishi UFJ Financial Group, Inc. ADR [MUFG]. The present Moving Average for the last 50 days of trading for this stock 13.07, while it was recorded at 14.21 for the last single week of trading, and 11.45 for the last 200 days.
Insight into Mitsubishi UFJ Financial Group, Inc. ADR Fundamentals:
Mitsubishi UFJ Financial Group, Inc. ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.17.
MUFG Stock EPS
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 MUFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mitsubishi UFJ Financial Group, Inc. ADR go to 17.15%.
Mitsubishi UFJ Financial Group, Inc. ADR [MUFG] Institutonal Ownership Details
There are presently around $2.26%, or 2.26%% of MUFG stock, in the hands of institutional investors. The top three institutional holders of MUFG stocks are: ARISTOTLE CAPITAL MANAGEMENT, LLC with ownership of 64.33 million shares, which is approximately 0.5485%. BANK OF AMERICA CORP /DE/, holding 20.87 million shares of the stock with an approximate value of $$225.38 million in MUFG stocks shares; and BANK OF AMERICA CORP /DE/, currently with $$130.25 million in MUFG stock with ownership which is approximately 0.1028%.
