UBS AG (UBS) has risen sharply, recording gains of 9.88% in the past 4 weeks. However, the stock has corrected -2.32% 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 7.21% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
UBS AG (NYSE:UBS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.32 and $13.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.46, notching a gain of 1.74% for the day. The total traded volume was 2,405,760 . The stock had closed at $13.23 on the previous day.
The stock has recorded a 20-day Moving Average of 2.08% and the 50-Day Moving Average is 2.9%. UBS Group AG has dropped 8.67% during the last 3-month period . Year-to-Date the stock performance stands at -26.44%.
UBS AG (UBS) : Average target price received by UBS AG (UBS) is $14.87 with an expected standard deviation of $8.19. The most aggressive target on the stock is $24, whereas the most downbeat target is $8. 3 financial analysts are currently covering the stock.
UBS Group AG is a holding company of the UBS Group. The Companys businesses are organized globally into five business segments: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank. The Company provides private, institutional and corporate customers around the world, as well as retail customers in Switzerland with financial advice and solutions. Corporate Center includes Core Functions and Non-core and Legacy Portfolio. Core Functions include Group-wide control functions, such as finance, including treasury services, such as liquidity, funding, balance sheet and capital management; risk control, including compliance, and legal. In addition, Core Functions provide all logistics and support services. Non-core and Legacy Portfolios consists of the non-core businesses and legacy positions.