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.UBS ( UBS) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.6%. By the end of trading, UBS rose $0.47 (2.5%) to $19.59 on heavy volume. Throughout the day, 3,606,359 shares of UBS exchanged hands as compared to its average daily volume of 2,391,800 shares. The stock ranged in a price between $19.38-$19.67 after having opened the day at $19.41 as compared to the previous trading day's close of $19.12. Other companies within the Banking industry that increased today were: MSB Financial Corporation ( MSBF), up 12.6%, Bank of Ireland (Governor & Co of ( IRE), up 8.4%, Valley Financial ( VYFC), up 6.0% and Bank of Commerce Holdings ( BOCH), up 5.4%.
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 $72.7 billion and is part of the financial sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% 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 1 rates it a hold. TheStreet Ratings rates UBS as a sell. Among the areas we feel are negative, one of the most important has been poor profit margins.