Mitsubishi UFJ Financial Group Inc (MTU) Shares are Down -2.27%

Mitsubishi UFJ Financial Group Inc (MTU) has risen sharply, recording gains of 1.18% in the past 4 weeks. However, the stock has corrected -2.27% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.39% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a twenty day Moving Average of 0.22% and the fifty day Moving Average is 6.23%. Mitsubishi UFJ Financial Group, Inc. is up 4.67% in the last three month period. Year-to-Date the stock performance stands at -17.04%.

Mitsubishi

Mitsubishi UFJ Financial Group Inc (NYSE:MTU): On Fridays trading session , Opening price of the stock was $5.2 with an intraday high of $5.21. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.11. However, the stock managed to close at $5.16, a loss of 0.77% for the day. On the previous day, the stock had closed at $5.2. The total traded volume of the day was 556,301 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.

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