Media stories about Mitsubishi UFJ Financial Group (NYSE:MTU) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mitsubishi UFJ Financial Group earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.7181766235512 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Mitsubishi UFJ to Pay $30M to Resolve Yen LIBOR Rigging Case (finance.yahoo.com)
- Bank of Tokyo-Mitsubishi UFJ Adopts Kofax Solution to Achieve Digital Transformation (prweb.com)
- Japan’s MUFG to pay $30 million to end yen Libor cases in U.S (finance.yahoo.com)
- MUFG partners with iAPPS to expand fintech platform in Southeast Asia (theasset.com)
- Japan’s MUFG to pay $30 mln to end yen Libor cases in U.S. (finance.yahoo.com)
A number of research analysts recently issued reports on MTU shares. Daiwa Capital Markets downgraded Mitsubishi UFJ Financial Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 10th. Zacks Investment Research downgraded Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $7.00.
Shares of Mitsubishi UFJ Financial Group (NYSE:MTU) traded up $0.03 during mid-day trading on Thursday, hitting $7.32. The company’s stock had a trading volume of 1,177,431 shares, compared to its average volume of 1,937,157. Mitsubishi UFJ Financial Group has a one year low of $5.94 and a one year high of $8.11. The stock has a market cap of $95,021.95, a P/E ratio of 10.93, a P/E/G ratio of 1.34 and a beta of 1.66. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.75.
Mitsubishi UFJ Financial Group (NYSE:MTU) last announced its earnings results on Tuesday, November 14th. The bank reported $0.24 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.29% and a net margin of 16.13%. The company had revenue of $14.08 billion for the quarter. research analysts expect that Mitsubishi UFJ Financial Group will post 0.68 EPS for the current year.
TRADEMARK VIOLATION NOTICE: “Mitsubishi UFJ Financial Group (MTU) Getting Somewhat Positive News Coverage, Report Shows” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be accessed at https://ledgergazette.com/2018/02/15/mitsubishi-ufj-financial-group-mtu-getting-somewhat-positive-news-coverage-report-shows.html.
Mitsubishi UFJ Financial Group Company Profile
Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.
Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.