Mizuho Financial Group Inc. (NYSE:MFG)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $2.84 and traded as high as $2.94. Mizuho Financial Group shares last traded at $2.94, with a volume of 2,584 shares changing hands.
A number of analysts have recently weighed in on MFG shares. Zacks Investment Research upgraded HAYS PLC/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, June 18th. ValuEngine upgraded Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th.
The firm has a market cap of $36.77 billion, a P/E ratio of 7.00 and a beta of 1.15. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.21. The company’s 50 day simple moving average is $2.84.
Several large investors have recently made changes to their positions in the company. Parametric Portfolio Associates LLC increased its position in Mizuho Financial Group by 4.0% in the first quarter. Parametric Portfolio Associates LLC now owns 9,734,865 shares of the bank’s stock worth $29,789,000 after purchasing an additional 377,799 shares during the period. Jane Street Group LLC acquired a new stake in Mizuho Financial Group in the fourth quarter worth about $1,036,000. Mercer Global Advisors Inc. ADV acquired a new stake in Mizuho Financial Group in the first quarter worth about $878,000. D. E. Shaw & Co. Inc. increased its position in Mizuho Financial Group by 96.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 448,177 shares of the bank’s stock worth $1,345,000 after purchasing an additional 219,509 shares during the period. Finally, Gradient Investments LLC increased its position in Mizuho Financial Group by 54.3% in the second quarter. Gradient Investments LLC now owns 548,290 shares of the bank’s stock worth $1,579,000 after purchasing an additional 192,888 shares during the period. Institutional investors own 0.43% of the company’s stock.
About Mizuho Financial Group (NYSE:MFG)
Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, and Asia/Oceania. It operates through five segments: Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, and Asset Management Company.
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