As of Wednesday close, UBS Group AG’s (NYSE:UBS) stock was up $0.12, moving up 0.46 percent to $26.18. The average number of shares traded per day over the past five days has been 3,008,960 shares. 3 times new highs have been achieved over the past 5 days, with a $0.19 gain in that time frame. In the last twenty days, the average volume was 3,921,545, while in the previous 50 days, it was 3,053,574.
Since last month, UBS stock rose 11.45%. Shares of the company fell to $23.29 on 08/21/23, the lowest level in the past month. A 52-week high of $26.97 was reached on 08/31/23 after having rallying from a 52-week low of $13.62. Since the beginning of this year, UBS’s stock price has risen by 42.04% or $7.51, and marked a new high 26 times. However, the stock has declined by -2.93% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Valuation Metrics
Right now, UBS Group AG (UBS) has a P/E ratio of about 2.53. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 4.41, the price-to-book (PB) ratio of 0.93, and the price-to-cash flow ratio of 7.33 may also be considered.
The latest dividend of $0.1790 per share was paid out, which is -64.2% less than last year’s $0.50. On Tuesday January 31 2023, a $0.3210 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.69, and the total debt-to-equity ratio was 3.69. In the year ended June 29, operating margins totaled 26.60%. Based on annual data, UBS earned $6.62 billion in gross profit and brought in $11.78 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.60%. Return on equity (ROE) for the past 12 months was 51.90%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected UBS Group AG to report $0.49 quarterly earnings, the actual figure was -$0.02 per share, beating the consensus estimate by -104.10%.
Technical Picture
This quick technical analysis looks at UBS Group AG’s (UBS) price momentum. With a historical volatility rate of 9.33%, the RSI 9-day stood at 67.69% on 20 September.
With respect to its five-day moving average, the current UBS Group AG price is up by +0.73% percent or $0.19. At present, UBS shares trade +10.32% above its 20-day simple moving average and +28.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +28.90% above its SMA50 and +41.59% above its SMA200.
Stochastic coefficient K was 53.44% and Stochastic coefficient D was 57.23%, while ATR was 0.42. Given the Stochastic reading of 54.86% for the 14-day period, the RSI (14) reading has been calculated as 69.17%. As of today, the MACD Oscillator reading stands at 0.15, while the 14-day reading stands at 0.05.
Analyst Ratings
UBS Group AG (UBS) has been rated Overweight by analysts. According to 3 brokerage firms, UBS is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate UBS Group AG stock as buy, with 9 recommending it as overweight.
With a median target price of $29.12, the current consensus forecast for the stock is $18.11 – $39.20. Based on these forecasts, analysts predict UBS Group AG (UBS) will achieve an average price target of $28.35.