Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) Short Interest Update
Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 3,087,000 shares, a growth of 90.6% from the July 31st total of 1,619,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is presently 2.5 days.
Shares of NYSE MUFG traded up $0.05 during trading hours on Friday, hitting $5.28. 38,979 shares of the company’s stock were exchanged, compared to its average volume of 1,122,412. Mitsubishi UFJ Financial Group has a 1-year low of $4.49 and a 1-year high of $6.47. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $67.84 billion, a price-to-earnings ratio of 7.14, a PEG ratio of 1.32 and a beta of 1.37. The company’s 50-day moving average price is $4.81 and its 200-day moving average price is $4.87.
Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.46% and a net margin of 13.82%. The business had revenue of $16.41 billion during the quarter. On average, research analysts expect that Mitsubishi UFJ Financial Group will post 0.64 earnings per share for the current year.
MUFG has been the subject of a number of analyst reports. ValuEngine raised Mitsubishi UFJ Financial Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. TheStreet cut Mitsubishi UFJ Financial Group from a “c” rating to a “d” rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold”.
About Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.
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