Dow Jones (DJIA) Today: Goldman Sachs Group (GS) Lower
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link
.
The
Dow Jones Industrial Average
(
^DJI
) is trading down 116.0 points (-0.6%) at 18,019 as of Friday, Mar 6, 2015, 10:36 a.m. ET. During this time, 75.2 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 374 million. The NYSE advances/declines ratio sits at 725 issues advancing vs. 2,209 declining with 137 unchanged.
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Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with a 49-cent decline (-0.3%) bringing the stock to $189.59. This single loss is lowering the Dow Jones Industrial Average by 3.71 points or roughly accounting for 3.2% of the Dow's overall loss. Volume for Goldman Sachs Group currently sits at 1.5 million shares traded vs. an average daily trading volume of 2.9 million shares.
Goldman Sachs Group has a market cap of $82.62 billion and is part of the financial sector and financial services industry. Shares are down 1.9% year-to-date as of Thursday's close. The stock's dividend yield sits at 1.3%.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.
TheStreet Ratings rates Goldman Sachs Group as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Goldman Sachs Group Ratings Report.
.
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