UBS AG (UBS): Today's Featured Banking Winner
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.
(
) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.1%. By the end of trading, UBS rose $0.49 (2.6%) to $19.55 on average volume. Throughout the day, 3,084,482 shares of UBS exchanged hands as compared to its average daily volume of 2,138,100 shares. The stock ranged in a price between $19.41-$19.68 after having opened the day at $19.68 as compared to the previous trading day's close of $19.06. Other companies within the Banking industry that increased today were:
(
), up 28.2%,
Village Bank and Trust Financial Corporatio
(
), up 12.2%,
(
), up 10.0% and
(
), up 8.8%.
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $73.6 billion and is part of the financial sector. Shares are up 21.8% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates UBS a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates UBS as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share.
- You can view the full UBS Ratings Report.
On the negative front,
(
), down 17.4%,
(
), down 10.1%,
(
), down 9.1% and
United Community Financial Corporation
(
), down 7.5% , were all laggards within the banking industry with
(
) being today's banking industry laggard.
- Use our banking section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
(
) while those bearish on the banking industry could consider
ProShares Short KBW Regional Bankng
(
).
- Find other investment ideas from our top rated ETFs lists.
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