Mizuho Financial Group, Inc. ADR (NYSE: MFG) – Time For Strategy Change?

Mizuho Financial Group, Inc. ADR (NYSE:MFG) currently has a daily average trading volume of 1.65M but it saw 1436796 shares traded in last market. With a market cap of 51.21B USD, the company’s current market price of $4.04 came falling about -1.70 while comparing to the previous closing price of $4.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.63 and as low as $3.14. In the recent trading on the day, stock has struck highest price mark of $4.0102 while lowest mark touched by it was $4.05.

Taking a look at 20-day trading activity of Mizuho Financial Group, Inc. ADR (MFG) gives us an average price of $4.06, while its current price level is -12.74% below from 52-week high level whereas it is 28.66% 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 $4.11 while that of 200 days or SMA-200 reads an average of $3.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.63% during that period while stretching the period over a month that increases to 1.81%. 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 47.15 which implies that the stock is in neutral territory.

Over the week, MFG’s stock price is moving -2.42% down while it is -2.18% when we observe its performance for the past one month. Year-to-date it is 17.44% up and over the past year, the stock is showing an upside performance of 18.82%.

Currently, Mizuho Financial Group, Inc. ADR’s total number of outstanding shares is 12.67B. Company’s return on investment (ROI) stands at 2.63% and return on equity (ROE) at 7.42%. It has a price to earnings ratio (P/E ratio) of 10.63 while having a 8.90 of forward P/E ratio. Stock’s beta reads 0.43. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is 0.26% on average.