Mitsubishi UFJ Financial Group (NYSE:MUFG) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Mitsubishi UFJ Financial Group (NYSE:MUFG) announced its quarterly earnings data on Tuesday. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09, Zacks reports. Mitsubishi UFJ Financial Group had a return on equity of 8.86% and a net margin of 13.89%.

Mitsubishi UFJ Financial Group Trading Up 0.6 %

MUFG opened at $12.57 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The firm’s 50 day moving average is $12.00 and its 200-day moving average is $11.11. The firm has a market capitalization of $151.63 billion, a P/E ratio of 12.32, a P/E/G ratio of 1.12 and a beta of 0.61. Mitsubishi UFJ Financial Group has a 52-week low of $8.75 and a 52-week high of $12.96.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.