Raymond James Financial, Inc. (NYSE:RJF) currently has a daily average trading volume of 1.20M but it saw 1401040 shares traded in last market. With a market cap of 24.04B USD, the company’s current market price of $116.00 came rising about 0.42 while comparing to the previous closing price of $115.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $131.19 and as low as $91.67.
Taking a look at 20-day trading activity of Raymond James Financial, Inc. (RJF) gives us an average price of $116.07, while its current price level is -11.58% below from 52-week high level whereas it is 26.54% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $119.12 while that of 200 days or SMA-200 reads an average of $115.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.15% during that period while stretching the period over a month that decreases to 2.59%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.04 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on January 10, 2024 while assigning a price target range of $110-$135. Jefferies also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $112 and $117.
Over the week, RJF’s stock price is moving 3.37% up while it is -5.84% when we observe its performance for the past one month. Year-to-date it is 4.04% up and over the past year, the stock is showing an upside performance of 5.39%.
Currently, Raymond James Financial, Inc.’s total number of outstanding shares is 208.77M. Company’s return on investment (ROI) stands at 12.73% and return on equity (ROE) at 18.01%. It has a price to earnings ratio (P/E ratio) of 13.09 while having a 11.61 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 1.67. Its return on asset (ROA) is 2.40% on average.
