Mitsubishi UFJ Financial Group Inc (NYSE:MTU) has tumbled 3.31% during the past week and has dropped 2.7% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.15%. Mitsubishi UFJ Financial Group Inc (NYSE:MTU) has underperformed the index by 3.59% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Mitsubishi UFJ Financial Group Inc (NYSE:MTU): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.63 and $4.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.68, notching a gain of 0.86% for the day. The total traded volume was 1,922,464 . The stock had closed at $4.64 on the previous day.
The company shares have dropped -35.80% from its 1 Year high price. On Jun 26, 2015, the shares registered one year high at $7.48 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $4.74 and the 200 Day Moving Average price is recorded at $5.06.
Institutional Investors own 0.98% of Mitsubishi UFJ Financial Group Inc shares.
Mitsubishi UFJ Financial Group, Inc. (MUFJ) is a bank holding company. The Company is a bank holding company for The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS), Mitsubishi UFJ NICOS Co., Ltd., and other companies engaged in a range of financial businesses. Its operating segments include Integrated Retail Banking Business Group, which covers retail businesses, including commercial banking, trust banking and securities businesses, and offers a range of banking products and services; Integrated Corporate Banking Business Group, which covers domestic corporate businesses, including commercial banking, investment banking, trust banking and securities businesses, and Integrated Trust Assets Business Group, which covers asset management and administration services for products, such as pension trusts and security trusts.