Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG) traded today at a new 52-week high of $6.61. This new high was reached on below average trading volume as 190,000 shares traded hands, while the average 30-day volume is approximately 2 million shares.
Mitsubishi UFJ Financial Group Inc. share prices have moved between a 52-week high of $6.61 and a 52-week low of $4.96 and are now trading 33% above that low price at $6.59 per share.
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets with an 8.5% share of all domestic loans as of March 2021. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG’s operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15% and equity-method earnings from Morgan Stanley more than 30%.
Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG) is currently priced 35.3% above its average consensus analyst price target of $4.27.
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