State Street Corp (STT): Investing In A Time Of Crisis

State Street Corp (NYSE:STT) currently has a daily average trading volume of 2.13M but it saw 1257823 shares traded in last market. With a market cap of 28.68B USD, the company’s current market price of $99.33 came rising about 0.97 while comparing to the previous closing price of $98.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $103.00 and as low as $70.20. In the recent trading on the day, stock has struck highest price mark of $98.4 while lowest mark touched by it was $99.705.

Taking a look at 20-day trading activity of State Street Corp (STT) gives us an average price of $98.56, while its current price level is -3.56% below from 52-week high level whereas it is 41.50% 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 $98.47 while that of 200 days or SMA-200 reads an average of $86.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.74% during that period while stretching the period over a month that increases to 2.04%. 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 51.83 which implies that the stock is in neutral territory.

JP Morgan upgraded its recommendation for the stock as a “Neutral” from “Underweight” on December 20, 2024 while assigning a price target of $95. Morgan Stanley also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $102 and $139.

Over the week, STT’s stock price is moving -1.51% down while it is 1.70% when we observe its performance for the past one month. Year-to-date it is 1.20% up and over the past year, the stock is showing an upside performance of 35.27%.

Currently, State Street Corp’s total number of outstanding shares is 288.77M. Company’s return on investment (ROI) stands at 5.11% and return on equity (ROE) at 10.93%. It has a price to earnings ratio (P/E ratio) of 12.06 while having a 9.17 of forward P/E ratio. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 1.27 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is 0.83% on average.