Mitsubishi UFJ Financial Group, Inc. ADR (MUFG) stock forecast: Can it reach its 52-week high of $13.34

A share price of Mitsubishi UFJ Financial Group, Inc. ADR [MUFG] is currently trading at $13.00, up 1.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MUFG shares have lost -0.15% over the last week, with a monthly amount glided 1.25%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Mitsubishi UFJ Financial Group, Inc. ADR [NYSE: MUFG] stock has seen the most recent analyst activity on January 27, 2022, when BofA Securities upgraded its rating to a Buy. Previously, Jefferies upgraded its rating to Buy on January 13, 2021. On July 08, 2020, downgrade downgraded it’s rating to Neutral.

Mitsubishi UFJ Financial Group, Inc. ADR experienced fluctuations in its stock price throughout the past year between $8.75 and $13.34. Mitsubishi UFJ Financial Group, Inc. ADR [NYSE: MUFG] shares were valued at $13.00 at the most recent close of the market.

Analyzing the MUFG fundamentals

Trailing Twelve Months sales for Mitsubishi UFJ Financial Group, Inc. ADR [NYSE:MUFG] were 83.48B which represents 7.46% growth. Gross Profit Margin for this corporation currently stands at 1.22% with Operating Profit Margin at -0.4%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.1 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.39.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.87 points at the first support level, and at 12.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.10, and for the 2nd resistance point, it is at 13.21.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mitsubishi UFJ Financial Group, Inc. ADR [NYSE:MUFG] is 2.17. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 11.88.

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