In yesterday’s Wall Street session, UBS Group AG (NYSE:UBS) shares traded at $30.15, down -2.40% from the previous session.
UBS stock price is now -0.21% away from the 50-day moving average and 4.30% away from the 200-day moving average. The market capitalization of the company currently stands at $96.54B.
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, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, UBS Group AG, 10% Owner bought 105 shares of the company’s stock on Jul 08 ’24. The stock was bought for $476 at an average price of $4.53. Upon completion of the transaction, the 10% Owner now directly owns 25,379 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 05 ’24, 10% Owner UBS Group AG bought 3 shares of the business’s stock. A total of $13 was incurred on buying the stock at an average price of $4.40. This leaves the insider owning 26,133 shares of the company worth $0.79 million. A total of 7.47% of the company’s stock is owned by insiders.
During the past 12 months, UBS Group AG has had a low of $22.84 and a high of $31.94. According to the stock market information, the enterprise value for the company is $119050928128, which is based on a 163.24 price-to-earnings ratio, a 16.13 price-to-earnings-growth ratio, and a beta of 1.15. The fifty day moving average price for UBS is $30.2148 and a two-hundred day moving average price translates $29.1443 for the stock.
The latest earnings results from UBS Group AG (NYSE: UBS) was released for 2024-06-30. The net profit margin was 0.82% and return on equity was 0.84% for UBS. The company reported revenue of $11.66 billion for the quarter, compared to $5.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 124.2 percent.
UBS Group AG(UBS) Company Profile
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions. It also provides personal banking products and services, such as deposits, credit and debit cards, and online and mobile banking, as well as lending, investments, retirement, and wealth management services; and corporate and institutional solutions, including equity and debt capital markets, syndicated and structured credit, private placements, leasing, traditional financing, and transaction banking solutions for payment and cash management services, trade and export finance, and global custody solutions. In addition, the company offers equities, fixed income, hedge funds, real estate and private markets, indexed and alternative beta strategies, asset allocation and currency investment strategies, customized multi-asset solutions, advisory and fiduciary services, and multi-manager hedge fund solutions and advisory services. Further, it advises clients on strategic business opportunities and helps them raise capital to fund their activities; enables its clients to buy, sell, and finance securities on capital markets and to manage risks and liquidity; distributes, trades in, finances, and clears cash equities and equity-linked products; structures, originates, and distributes new equity and equity-linked issues; and originates, distributes, manages risk, and provides liquidity in foreign exchange, rates, credit and precious metals. The company was formerly known as UBS AG and changed its name to UBS Group AG in December 2014. UBS Group AG was founded in 1862 and is headquartered in Zurich, Switzerland.
