Goldman Sachs Group (The) (GS) : On Friday, The money flowed into the Goldman Sachs Group (The) (GS) stock with an uptick to downtick ratio was recorded at 1.78. Transactions worth $9.82 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.5 million. The total money flow into the stock was $4.32 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $5.05 million of block transactions on upticks. The total money flow in block trades was $5.05 million. In terms of price action, Goldman Sachs Group (The) (GS) traded down $0.06 during the session at $159.99. Compared to the previous days closing, the stock was down only by -0.04%. For the week, the stock is -1.02%, over previous weeks closing.
Goldman Sachs Group (The) (GS) : The most positive equity analysts on Goldman Sachs Group (The) (GS) expects the shares to touch $222, whereas, the least positive believes that the stock will trade at $129 in the short term. The company is covered by 15 Wall Street Brokerage Firms. The average price target for shares are $183.33 with an expected fluctuation of $27.39 from the mean.
Goldman Sachs Group (The) (NYSE:GS): stock turned positive on Friday. Though the stock opened at $160.29, the bulls momentum made the stock top out at $160.73 level for the day. The stock recorded a low of $159.86 and closed the trading day at $160.41, in the green by 0.22%. The total traded volume for the day was 1,811,695. The stock had closed at $160.05 in the previous days trading.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Principal Accounting Officer) of Goldman Sachs Group Inc, Smith Sarah G had sold 2,664 shares worth of $431,568 in a transaction dated April 20, 2016. In this transaction, 2,664 shares were sold at $162 per share.
The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals. The Company has four business segments. The Investment Banking segments services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. Its investing and lending activities include the Companys investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate. Its investment management segment provides investment and wealth advisory services.