Discover Financial Services (NYSE:DFS) currently has a daily average trading volume of 1.22M but it saw 977077 shares traded in last market. With a market cap of 35.59B USD, the company’s current market price of $141.74 came falling about -0.98 while comparing to the previous closing price of $143.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $147.61 and as low as $79.04. In the recent trading on the day, stock has struck highest price mark of $141.5201 while lowest mark touched by it was $143.9.
Taking a look at 20-day trading activity of Discover Financial Services (DFS) gives us an average price of $139.09, while its current price level is -3.98% below from 52-week high level whereas it is 79.33% 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 $134.34 while that of 200 days or SMA-200 reads an average of $125.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.21% during that period while stretching the period over a month that increases to 2.63%. 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 55.84 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on February 08, 2024 while assigning a price target range of $105-$133. HSBC Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $121 and $107.
Over the week, DFS’s stock price is moving 3.94% up while it is 10.15% when we observe its performance for the past one month. Year-to-date it is 26.10% up and over the past year, the stock is showing an upside performance of 55.18%.
Currently, Discover Financial Services’s total number of outstanding shares is 250.10M. Company’s return on investment (ROI) stands at 8.37% and return on equity (ROE) at 19.32%. It has a price to earnings ratio (P/E ratio) of 12.56 while having a 11.14 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 2.37 while price to sale or P/S ratio amounts to 1.58. Its return on asset (ROA) is 2.00% on average.
