) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 2.1%. By the end of trading, Goldman Sachs Group Inc fell $1.49 (-1.7%) to $87.91 on average volume. Throughout the day, six million shares of Goldman Sachs Group Inc exchanged hands as compared to its average daily volume of 7.8 million shares. The stock ranged in price between $87.60-$89.28 after having opened the day at $88.89 as compared to the previous trading day's close of $89.40. Other company's within the Financial Services industry that declined today were:
), down 12.7%,
), down 9.6%,
), down 9.3%, and
), down 6.8%.
The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group Inc has a market cap of $44.95 billion and is part of the
sector. The company has a P/E ratio of 14.1, below the average financial services industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 46.8% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates The Goldman Sachs Group as a
. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.
- You can view the full The Goldman Sachs Group Ratings Report.
- Use our financial services section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.