For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Shinhan Financial Group Co. Ltd. ADR (NYSE: SHG) closed the day trading at $43.05 down -1.01% from the previous closing price of $43.49. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 0.17 million shares were traded. SHG stock price reached its highest trading level at $43.36 during the session, while it also had its lowest trading level at $42.85.
Ratios:
For a better understanding of SHG, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.81 whereas as Long-Term Debt/Eq ratio is at 1.36.
BofA Securities Downgraded its Buy to Neutral on March 02, 2023, whereas the target price for the stock was revised from $38.46 to $32.31.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHG now has a Market Capitalization of 21639469056 and an Enterprise Value of 39570225758208. As of this moment, Shinhan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.80, and their Forward P/E ratio for the next fiscal year is 5.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 2.702.
Stock Price History:
The Beta on a monthly basis for SHG is 0.90, which has changed by 0.2503631 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, SHG has reached a high of $46.05, while it has fallen to a 52-week low of $28.76. The 50-Day Moving Average of the stock is 13.71%, while the 200-Day Moving Average is calculated to be 15.92%.
Shares Statistics:
Over the past 3-months, SHG traded about 200.32K shares per day on average, while over the past 10 days, SHG traded about 158960 shares per day. A total of 492.94M shares are outstanding, with a floating share count of 485.16M. Insiders hold about 0.04% of the company’s shares, while institutions hold 4.75% stake in the company. Shares short for SHG as of 1748563200 were 142922 with a Short Ratio of 0.71, compared to 1745971200 on 303629. Therefore, it implies a Short% of Shares Outstanding of 142922 and a Short% of Float of 0.029999999000000003.
Dividends & Splits
SHG’s forward annual dividend rate is 1.16, up from 2190.0 a year ago. Against a Trailing Annual Dividend Yield of 50.356403The stock’s 5-year Average Dividend Yield is 3.8. The current Payout Ratio is 20.85% for SHG, which recently paid a dividend on 2024-02-22 with an ex-dividend date of 1746144000. Stock splits for the company last occurred on 2012-10-15 when the company split stock in a 2:1 ratio.
