UBS AG (UBS): Today's Featured Financial Winner
(
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.6%. By the end of trading, UBS rose 8 cents (0.7%) to $11.48 on average volume. Throughout the day, 4.8 million shares of UBS exchanged hands as compared to its average daily volume of 6.4 million shares. The stock ranged in a price between $11.44-$11.69 after having opened the day at $11.52 as compared to the previous trading day's close of $11.40. Other companies within the Financial sector that increased today were:
(
), up 26.4%,
Ameritrans Capital Corporation
(
), up 20%,
(
), up 19.8%, and
(
), up 16.1%.
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services to private, corporate, and institutional clients worldwide. The company also involves in retail and commercial banking in Switzerland. UBS has a market cap of $41.08 billion and is part of the
industry. The company has a P/E ratio of 13.2, above the average banking industry P/E ratio of 6.5 and below the S&P 500 P/E ratio of 17.7. Shares are down 30.8% year to date as of the close of trading on Monday.
TheStreet Ratings rates UBS as a
. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, generally disappointing historical performance in the stock itself, deteriorating net income and feeble growth in its earnings per share.
- You can view the full UBS Ratings Report.
On the negative front,
Carver Bancorp Inc
(
CARVD
), down 46.4%,
(
), down 46.4%,
(
), down 30.6%, and
(
), down 26%, were all losers within the financial sector with
(
) being today's financial sector loser.
- Use our financial section to find sector-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 financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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