Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) Holding Strong: What’s pushing it?

In yesterday’s Wall Street session, Mitsubishi UFJ Financial Group, Inc. ADR (NYSE:MUFG) shares traded at $10.16, up 1.20% from the previous session.

MUFG stock price is now 1.16% away from the 50-day moving average and 16.73% away from the 200-day moving average. The market capitalization of the company currently stands at $120.70B.

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, while ‘Goldman’ rates the stock as ‘Neutral’

A total of 0.02% of the company’s stock is owned by insiders.

During the past 12 months, Mitsubishi UFJ Financial Group, Inc. ADR has had a low of $5.99 and a high of $11.22. The fifty day moving average price for MUFG is $10.06 and a two-hundred day moving average price translates $8.72 for the stock.

The latest earnings results from Mitsubishi UFJ Financial Group, Inc. ADR (NYSE: MUFG) was released for Dec, 2023. The net profit margin was 20.29% and return on equity was 11.50% for MUFG.

Mitsubishi UFJ Financial Group, Inc. ADR(MUFG) Company Profile

Mitsubishi UFJ Financial Group, Inc. operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments. The company offers commercial banking, trust banking, and securities products and services to retail, and small and medium-sized enterprise customers. It also provides M&As and real estate-related services; digital-based financial services; credit cards; and trust banking and securities products and services, as well as engages in the lending, fund settlement, and foreign exchange businesses. In addition, it offers corporate, investment, and transaction banking services for large corporate and financial institutions; asset management and administration services for corporations and pension funds; loans, deposits, fund transfers, and investments services for retail, small and medium-sized enterprise, as well as corporate customers; fixed income instruments, currencies, equities, and other investment products; originates and distributes of financial products; and provides treasury services. The company was founded in 1880 and is headquartered in Tokyo, Japan.

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