The stock of Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) has increased by 0.50 when compared to last closing price of 10.04. Despite this, the company has experienced a 3.17% gain in its stock price over the last five trading sessions. Reuters reported 2024-04-12 that Japan’s MUFG will buy a 20% stake in HDB Financial Services, a non-banking unit of Indian private lender HDFC Bank, valuing its IPO-bound arm at $9 billion-$10 billion, business daily Economic Times reported on Friday, citing people in the know.
Is It Worth Investing in Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) Right Now?
Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) has a price-to-earnings ratio that is above its average at 8.18x. The stock has a 36-month beta value of 0.66. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MUFG is 11.88B, and at present, short sellers hold a 0.09% of that float. On April 24, 2024, the average trading volume of MUFG was 3.07M shares.
MUFG’s Market Performance
The stock of Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) has seen a 3.17% increase in the past week, with a -4.63% drop in the past month, and a 13.12% gain in the past quarter. The volatility ratio for the week is 1.02%, and the volatility levels for the past 30 days are at 1.18% for MUFG. The simple moving average for the last 20 days is 0.31% for MUFG stock, with a simple moving average of 14.55% for the last 200 days.
MUFG Trading at -0.33% from the 50-Day Moving Average
After a stumble in the market that brought MUFG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.03% of loss for the given period.
Volatility was left at 1.18%, however, over the last 30 days, the volatility rate increased by 1.02%, as shares sank -3.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.34% upper at present.
During the last 5 trading sessions, MUFG rose by +3.17%, which changed the moving average for the period of 200-days by +35.25% in comparison to the 20-day moving average, which settled at $10.04. In addition, Mitsubishi UFJ Financial Group, Inc. ADR saw 17.19% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MUFG
Current profitability levels for the company are sitting at:
- 0.6 for the present operating margin
- 1.0 for the gross margin
The net margin for Mitsubishi UFJ Financial Group, Inc. ADR stands at 0.36. The total capital return value is set at 0.01. Equity return is now at value 11.50, with 0.52 for asset returns.
The debt to equity ratio resting at 2.58. The interest coverage ratio of the stock is 0.76.
Currently, EBITDA for the company is 4.19 trillion with net debt to EBITDA at -17.02. When we switch over and look at the enterprise to sales, we see a ratio of -6.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
Conclusion
To sum up, Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
