Synchrony Financial (NYSE:SYF) currently has a daily average trading volume of 3.35M but it saw 6080356 shares traded in last market. With a market cap of 22.34B USD, the company’s current market price of $56.52 came rising about 6.06 while comparing to the previous closing price of $53.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $54.79 and as low as $27.30. In the recent trading on the day, stock has struck highest price mark of $54.01 while lowest mark touched by it was $56.59.
Taking a look at 20-day trading activity of Synchrony Financial (SYF) gives us an average price of $50.96, while its current price level is 3.16% below from 52-week high level whereas it is 107.07% 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 $48.90 while that of 200 days or SMA-200 reads an average of $44.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.99% during that period while stretching the period over a month that decreases to 2.60%. 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 73.89 which implies that the stock is in overbought territory.
BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 09, 2024 while assigning a price target of $54. Compass Point issued its recommendations for the stock as it initiated the price target for the stock is $56.
Over the week, SYF’s stock price is moving 8.69% up while it is 14.90% when we observe its performance for the past one month. Year-to-date it is 48.00% up and over the past year, the stock is showing an upside performance of 90.62%.
Currently, Synchrony Financial’s total number of outstanding shares is 406.88M. Company’s return on investment (ROI) stands at 9.82% and return on equity (ROE) at 21.14%. It has a price to earnings ratio (P/E ratio) of 7.37 while having a 9.25 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 1.09. Its return on asset (ROA) is 2.71% on average.
