Shinhan Financial Group Co. Ltd. ADR [SHG] stock is trading at $33.35, down -0.63%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SHG shares have gain 8.53% over the last week, with a monthly amount glided 1.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Shinhan Financial Group Co. Ltd. ADR [NYSE: SHG] stock has seen the most recent analyst activity on January 16, 2024, when BofA Securities upgraded its rating to a Buy. Previously, Morgan Stanley downgraded its rating to Equal-Weight on May 16, 2023. On March 02, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $32.31 on the stock. BofA Securities upgraded its rating to a Buy. JP Morgan upgraded its rating to a Overweight. Citigroup downgraded its rating to Neutral for this stock on October 23, 2019. In a note dated August 05, 2019, JP Morgan downgraded an Neutral rating on this stock.
Shinhan Financial Group Co. Ltd. ADR [SHG] stock has fluctuated between $28.76 and $46.05 over the past year. Shinhan Financial Group Co. Ltd. ADR [NYSE: SHG] shares were valued at $33.35 at the most recent close of the market.
Analyzing the SHG fundamentals
Shinhan Financial Group Co. Ltd. ADR [NYSE:SHG] reported sales of 28.29B for the trailing twelve months, which represents a drop of -9.82%. Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.53.
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 33.10 points at the first support level, and at 32.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.59, and for the 2nd resistance point, it is at 33.83.
Ratios To Look Out For
For context, Shinhan Financial Group Co. Ltd. ADR’s Current Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 0.48 and price to earnings (TTM) ratio is 5.37.
