Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) was down 2.2% during trading on Tuesday . The stock traded as low as $4.05 and last traded at $4.07. Approximately 1,745,104 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 993,525 shares. The stock had previously closed at $4.16.
Mizuho Financial Group Stock Performance
The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.22. The stock has a market cap of $52.21 billion, a P/E ratio of 13.73, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The firm's 50-day moving average is $4.15 and its two-hundred day moving average is $4.06.
Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The bank reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. The business had revenue of $15.27 billion for the quarter. Mizuho Financial Group had a net margin of 6.38% and a return on equity of 6.64%. As a group, research analysts expect that Mizuho Financial Group, Inc. will post 0.39 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sunpointe LLC acquired a new position in Mizuho Financial Group during the 4th quarter worth approximately $41,000. Perigon Wealth Management LLC acquired a new stake in shares of Mizuho Financial Group in the 1st quarter valued at approximately $41,000. PFW Advisors LLC acquired a new position in Mizuho Financial Group in the 1st quarter worth about $42,000. Brighton Jones LLC bought a new position in Mizuho Financial Group in the 2nd quarter valued at approximately $43,000. Finally, Riversedge Advisors LLC bought a new position in shares of Mizuho Financial Group during the second quarter valued at $46,000. Institutional investors own 3.26% of the company's stock.
About Mizuho Financial Group
(
Get Free Report)
Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.
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