Mitsubishi UFJ Financial Group Inc (NYSE:MUFG)
May 15th, 2019
With markets going up Mitsubishi UFJ Financial Group Inc fell ($0.06) Wednesday, down 1.28%, closing at $4.63. As well as the drop in value, Mitsubishi UFJ Financial Group Inc hit a new 52 week low of $4.54, breaking the previous low of $4.59 from earlier this month.
MUFG was outperformed by the rest of the Financials sector which went down just -0.48%.
Results from 2 analysts suggest that Mitsubishi UFJ Financial Group Inc could go up significantly (66.01%), while Finbox has calculated (with very high uncertainty) a fair value price of $6.87.
The market sectors were mixed Wednesday with a majority of the sectors trending up. Communication Services saw the biggest increase of the day (2.11%), while Financials saw the biggest drop (-0.48%). Information Technology has seen the biggest year-to-date gain at 19.93%.
Communication Services saw the biggest turnaround from its 5-day performance of -2.60%, as it went up 2.11%. Utilities saw a turn around from its 5-day performance of 0.47% trading down -0.13%.
- Communication Services went up with a 2.11% change.
- Information Technology went up with a 0.98% change.
- Consumer Staples went up with a 0.80% change.
- Consumer Discretionary went up with a 0.78% change.
- Real Estate went up with a 0.64% change.
- Energy went up with a 0.46% change.
- Healthcare went up with a 0.27% change.
- Industrials went up with a 0.12% change.
- Utilities went down with a -0.13% change.
- Materials went down with a -0.24% change.
- Financials went down with a -0.48% change.
Mitsubishi UFJ Financial Group Inc Info
Mitsubishi UFJ Financial Group, Inc., a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services. This segment also provides annuity, single premium whole life, flat-rate premium whole life, medical, cancer, and nursing-care insurance products; testamentary trust services; housing loans; Internet banking services; and credit cards. The company’s Corporate Banking Business Group segment provides loans and fund management, and remittance and foreign exchange services; securities businesses, syndicated loans, and structured finance; investment banking services; and transaction and trust banking services. Its Trust Assets Business Group segment offers asset management and administration services for products, such as pension trusts and security trusts. This segment also provides a range of services to corporate and other pension funds comprising pension fund management and administration, advice on pension schemes, and payment of benefits to scheme members. The company’s Global Business Group segment offers project finance, export credit agency, and financing through asset-backed commercial papers; and investment banking services, such as debt and equity issuance and M&A advisory services, as well as consumer finance, investment, asset management, and other financial products and services to individuals, large corporations, financial institutions, and sovereign and multinational organizations. Its Global Markets Business Group segment offers financing, hedging, and investing solutions to retail, corporate, institutional, and governmental customers; and asset and liability management services. Mitsubishi UFJ Financial Group, Inc. was founded in 1880 and is headquartered in Tokyo, Japan.
All amounts in USD unless otherwise indicated
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