Discover Financial Services (NYSE:DFS) currently has a daily average trading volume of 1.47M but it saw 1932006 shares traded in last market. With a market cap of 43.85B USD, the company’s current market price of $174.65 came falling about -1.76 while comparing to the previous closing price of $177.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $188.26 and as low as $82.68. In the recent trading on the day, stock has struck highest price mark of $174.34 while lowest mark touched by it was $179.36.
Taking a look at 20-day trading activity of Discover Financial Services (DFS) gives us an average price of $157.68, while its current price level is -7.23% below from 52-week high level whereas it is 111.24% 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 $146.12 while that of 200 days or SMA-200 reads an average of $130.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.08% during that period while stretching the period over a month that increases to 3.26%. 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 64.71 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 -4.33% down while it is 18.70% when we observe its performance for the past one month. Year-to-date it is 55.38% up and over the past year, the stock is showing an upside performance of 108.39%.
Currently, Discover Financial Services’s total number of outstanding shares is 250.10M. Company’s return on investment (ROI) stands at 8.88% and return on equity (ROE) at 20.17%. It has a price to earnings ratio (P/E ratio) of 14.09 while having a 13.66 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 2.54 while price to sale or P/S ratio amounts to 1.89. Its return on asset (ROA) is 2.15% on average.
