Is This Stock a Screaming Buy: Mitsubishi UFJ Financial Group, Inc. (NYSE:MTU)

Equity Research firms currently have a positive stance on shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MTU). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.76 on a short term basis.

At the time of writing, the stock was trading at $5.03. This represents a change from the opening price of -0.40%. In terms of performance, year to date, the stock is -18.49%. The monthly stock performance comes in at -6.63%. For the quarter, shares are performing at 16.82%. Weekly performance analysis shows the equity at 2.01%.

In taking a look at technical levels, shares are trading -3.09% away from the 50 day simple moving average and 1.86% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -26.78% away from it’s 52- week high and 30.31% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Mitsubishi UFJ Financial Group, Inc.’s RSI stands at 43.45. In looking at volatility levels, the shares saw weekly volatility of 1.20% and 1.62% over the past month.

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