Discover Financial Services (NYSE:DFS) currently has a daily average trading volume of 1.54M but it saw 1968589 shares traded in last market. With a market cap of 43.38B USD, the company’s current market price of $172.77 came rising about 0.16 while comparing to the previous closing price of $172.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $188.26 and as low as $85.19. In the recent trading on the day, stock has struck highest price mark of $171.76 while lowest mark touched by it was $173.64.
Taking a look at 20-day trading activity of Discover Financial Services (DFS) gives us an average price of $164.29, while its current price level is -8.23% below from 52-week high level whereas it is 102.79% 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 $150.42 while that of 200 days or SMA-200 reads an average of $132.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.71% during that period while stretching the period over a month that increases to 3.04%. 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 61.26 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 -1.08% down while it is 18.78% when we observe its performance for the past one month. Year-to-date it is 53.71% up and over the past year, the stock is showing an upside performance of 98.70%.
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 13.94 while having a 13.53 of forward P/E ratio. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 2.51 while price to sale or P/S ratio amounts to 1.87. Its return on asset (ROA) is 2.15% on average.
