Mizuho Financial Group, Inc. ADR (NYSE: MFG) is -3.27% lower on its value in year-to-date trading and has touched a low of $3.45 and a high of $6.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MFG stock was last observed hovering at around $4.65 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $4.73, the stock is -10.59% and -13.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.63 million and changing 1.72% at the moment leaves the stock -0.28% off its SMA200. MFG registered 18.84% gain for a year compared to 6-month gain of 13.98%. The firm has a 50-day simple moving average (SMA 50) of $5.4968 and a 200-day simple moving average (SMA200) of $4.74305.
The stock witnessed a -18.31% loss in the last 1 month and extending the period to 3 months gives it a -3.07%, and is 10.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.29% over the week and 3.12% over the month.
Mizuho Financial Group, Inc. ADR (MFG) has around 52307 employees, a market worth around $58.98B and $59.57B in sales. Current P/E ratio is 10.23 and Fwd P/E is 8.98. Profit margin for the company is 9.83%. Distance from 52-week low is 37.10% and -22.20% from its 52-week high. The company has generated returns on investments over the last 12 months (3.04%).
with sales reaching $671.67B over the same period.The EPS is expected to grow by 36.68% this year, but quarterly earnings will post 82.59% year-over-year. Quarterly sales are estimated to shrink -4.74% in year-over-year returns.
Mizuho Financial Group, Inc. ADR (MFG) Top Institutional Holders
326.0 institutions hold shares in Mizuho Financial Group, Inc. ADR (MFG), with institutional investors hold 1.30% of the company’s shares. The shares outstanding are 12.60B, and float is at 12.47B with Short Float at 0.01%. Institutions hold 1.30% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 22.64 million shares valued at $95.77 million. The investor’s holdings represent 0.8933% of the MFG Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 13.46 million shares valued at $56.92 million to account for 0.5309 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 13.43 million shares representing 0.5297% and valued at over $56.81 million, while BLACKROCK INC. holds 0.379 of the shares totaling 9.61 million with a market value of $40.63 million.
Mizuho Financial Group, Inc. ADR (MFG) Insider Activity
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