Mitsubishi UFJ Financial Group Stock Hits New 52-Week High (MTU)
Mitsubishi UFJ Financial Group (NYSE:MTU) hit a new 52-week high Tuesday as it changed hands at $5.67 compared with its previous 52-week high of $5.66. Mitsubishi UFJ Financial Group is currently trading at $5.67 with 156,605 shares changing hands as of 9:31 a.m..
NEW YORK ( TheStreet) -- Mitsubishi UFJ Financial Group (NYSE: MTU) hit a new 52-week high Tuesday as it traded at $5.67 compared with its previous 52-Week high of $5.66. Mitsubishi UFJ Financial Group is changing hands at $5.67 with 156,605 shares traded as of 9:31 a.m. ET. Average volume has been 3.1 million shares over the past 30 days. Mitsubishi UFJ Financial Group has a market cap of $77.8 billion and is part of the financial sector and banking industry. Shares are up 2.2% year to date as of the close of trading on Monday. Mitsubishi UFJ Financial Group, Inc., together with its subsidiaries, provides various financial services to individual and corporate customers in Japan and internationally. The company has a P/E ratio of 30.6, above the average banking industry P/E ratio of 7.6 and above the S&P 500 P/E ratio of 21.8. TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full Mitsubishi UFJ Financial Group Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.