Goldman Sachs Group, Inc (NYSE:GS) currently has a daily average trading volume of 1.79M but it saw 7920542 shares traded in last market. With a market cap of 187.08B USD, the company’s current market price of $595.98 came rising about 13.10 while comparing to the previous closing price of $526.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $540.51 and as low as $319.66. In the recent trading on the day, stock has struck highest price mark of $566.1 while lowest mark touched by it was $598.605.
Taking a look at 20-day trading activity of Goldman Sachs Group, Inc (GS) gives us an average price of $524.34, while its current price level is 10.26% below from 52-week high level whereas it is 86.44% 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 $504.60 while that of 200 days or SMA-200 reads an average of $454.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.80% during that period while stretching the period over a month that decreases to 2.12%. 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 78.52 which implies that the stock is in overbought territory.
Argus upgraded its recommendation for the stock as a “Buy” from “Hold” on April 16, 2024 while assigning a price target of $465. Daiwa Securities issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $410 and $430.
Over the week, GS’s stock price is moving 13.65% up while it is 20.02% when we observe its performance for the past one month. Year-to-date it is 54.49% up and over the past year, the stock is showing an upside performance of 84.00%.
Currently, Goldman Sachs Group, Inc’s total number of outstanding shares is 323.38M. Company’s return on investment (ROI) stands at 2.98% and return on equity (ROE) at 10.21%. It has a price to earnings ratio (P/E ratio) of 17.49 while having a 14.13 of forward P/E ratio. Stock’s beta reads 1.34. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 1.51. Its return on asset (ROA) is 0.74% on average.
