Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 10,650,000 shares, a growth of 28.3% from the February 13th total of 8,300,000 shares. Based on an average daily volume of 3,070,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 0.1% of the shares of the stock are sold short.
Mitsubishi UFJ Financial Group Stock Up 1.6 %
Shares of Mitsubishi UFJ Financial Group stock traded up $0.22 during trading on Monday, hitting $13.88. 21,472,617 shares of the stock traded hands, compared to its average volume of 2,550,631. The firm has a market cap of $167.46 billion, a P/E ratio of 12.75, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group has a 52-week low of $8.75 and a 52-week high of $13.97. The stock’s fifty day simple moving average is $12.58 and its 200 day simple moving average is $11.58.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. On average, equities analysts predict that Mitsubishi UFJ Financial Group will post 0.99 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Mitsubishi UFJ Financial Group
Analyst Ratings Changes
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.
Check Out Our Latest Stock Report on MUFG
About Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.
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