The Week Ahead: Are Investors Really Too Optimistic About Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG)

Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) currently has a daily average trading volume of 2.32M but it saw 1245592 shares traded in last market. With a market cap of 121.35B USD, the company’s current market price of $10.41 came rising about 3.17 while comparing to the previous closing price of $10.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.72 and as low as $7.89. In the recent trading on the day, stock has struck highest price mark of $10.26 while lowest mark touched by it was $10.455.

Taking a look at 20-day trading activity of Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) gives us an average price of $10.34, while its current price level is -11.18% below from 52-week high level whereas it is 31.94% 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 $10.43 while that of 200 days or SMA-200 reads an average of $10.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.09% during that period while stretching the period over a month that increases to 1.30%. 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 51.58 which implies that the stock is in neutral territory.

Over the week, MUFG’s stock price is moving 0.77% up while it is 0.87% when we observe its performance for the past one month. Year-to-date it is 20.91% up and over the past year, the stock is showing an upside performance of 20.49%.

Currently, Mitsubishi UFJ Financial Group, Inc. ADR’s total number of outstanding shares is 11.69B. Company’s return on investment (ROI) stands at 2.34% and return on equity (ROE) at 7.92%. It has a price to earnings ratio (P/E ratio) of 12.47 while having a 10.01 of forward P/E ratio. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is 0.38% on average.