Jefferies Financial Group Inc (NYSE:JEF) shares traded 0.19% higher at $53.59 on Wall Street last session.
JEF stock price is now 10.76% away from the 50-day moving average and -15.16% away from the 200-day moving average. The market capitalization of the company currently stands at $11.05B.
With the price target reduced from $75 to $41, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Jefferies Financial Group Inc (NYSE: JEF). , while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, FRIEDMAN BRIAN P, President sold 393,397 shares of the company’s stock on Nov 06 ’24. The stock was sold for $28,393,256 at an average price of $72.17. Upon completion of the transaction, the President now directly owns 560,507 shares in the company, valued at $30.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, CEO HANDLER RICHARD B sold 400,000 shares of the business’s stock. A total of $28,902,360 was realized by selling the stock at an average price of $72.26. This leaves the insider owning 14,971,288 shares of the company worth $802.31 million. A total of 20.40% of the company’s stock is owned by insiders.
During the past 12 months, Jefferies Financial Group Inc has had a low of $39.28 and a high of $82.68. As of last week, the company has a debt-to-equity ratio of 3.43, a current ratio of 1.46, and a quick ratio of 1.46.
The net profit margin was 6.61% and return on equity was 6.38% for JEF. For the current quarter, analysts expect JEF to generate $1.56B in revenue.
