Shinhan Financial Group Co., Ltd. (NYSE:SHG – Get Free Report)’s stock price was down 6.4% on Thursday . The company traded as low as $35.43 and last traded at $35.61. Approximately 89,948 shares traded hands during trading, a decline of 31% from the average daily volume of 130,031 shares. The stock had previously closed at $38.03.
Shinhan Financial Group Stock Down 6.7 %
The company has a debt-to-equity ratio of 1.53, a current ratio of 1.04 and a quick ratio of 1.04. The stock’s fifty day simple moving average is $40.52 and its two-hundred day simple moving average is $39.34. The company has a market capitalization of $17.86 billion, a price-to-earnings ratio of 5.57, a PEG ratio of 0.63 and a beta of 0.92.
Shinhan Financial Group (NYSE:SHG – Get Free Report) last released its quarterly earnings data on Friday, October 25th. The bank reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.02. Shinhan Financial Group had a net margin of 12.21% and a return on equity of 7.34%. The business had revenue of $3.11 billion for the quarter. On average, sell-side analysts predict that Shinhan Financial Group Co., Ltd. will post 6.32 earnings per share for the current fiscal year.
Institutional Trading of Shinhan Financial Group
About Shinhan Financial Group
Shinhan Financial Group Co, Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.
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