UBS Group AG (NYSE:UBS) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 15,510,000 shares, a growth of 24.1% from the June 30th total of 12,500,000 shares. Based on an average daily volume of 3,630,000 shares, the short-interest ratio is currently 4.3 days. Approximately 0.5% of the company’s stock are sold short.
Shares of NYSE:UBS opened at $11.68 on Friday. The company has a market capitalization of $42.75 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 1.76 and a beta of 1.26. UBS Group has a 12 month low of $7.48 and a 12 month high of $13.49. The firm’s 50-day moving average is $11.59 and its 200 day moving average is $11.00. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 3.24.
UBS Group (NYSE:UBS) last issued its quarterly earnings results on Tuesday, July 21st. The bank reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $7.68 billion for the quarter. UBS Group had a net margin of 15.29% and a return on equity of 8.12%. As a group, equities analysts forecast that UBS Group will post 1.2 EPS for the current fiscal year.
Several research firms have recently issued reports on UBS. Oddo Bhf upgraded shares of UBS Group from a “reduce” rating to a “neutral” rating in a report on Thursday, July 23rd. Credit Suisse Group reiterated an “outperform” rating on shares of UBS Group in a report on Wednesday, July 22nd. Morgan Stanley restated an “equal weight” rating on shares of UBS Group in a report on Friday, July 24th. Zacks Investment Research raised shares of UBS Group from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Friday, May 29th. Finally, Berenberg Bank downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Monday, May 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $13.00.
About UBS Group
UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.
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