Shinhan Financial Group Co., Ltd. (NYSE:SHG – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 804,100 shares, an increase of 72.7% from the December 15th total of 465,500 shares. Based on an average trading volume of 169,800 shares, the days-to-cover ratio is currently 4.7 days. Currently, 0.2% of the company’s shares are sold short.
Shinhan Financial Group Trading Up 2.6 %
Shares of NYSE SHG traded up $0.89 during mid-day trading on Wednesday, hitting $35.30. The stock had a trading volume of 114,105 shares, compared to its average volume of 170,434. Shinhan Financial Group has a 1 year low of $27.09 and a 1 year high of $46.05. The firm has a market cap of $17.77 billion, a P/E ratio of 5.54, a price-to-earnings-growth ratio of 0.57 and a beta of 0.95. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50 day moving average price of $36.39 and a two-hundred day moving average price of $39.34.
Shinhan Financial Group (NYSE:SHG – Get Free Report) last released its earnings results 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. The firm had revenue of $3.11 billion for the quarter. Shinhan Financial Group had a net margin of 12.21% and a return on equity of 7.34%. On average, equities analysts anticipate that Shinhan Financial Group will post 6.32 EPS 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.
Read More
- Five stocks we like better than Shinhan Financial Group
- How to trade using analyst ratings
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- How Technical Indicators Can Help You Find Oversold StocksĀ
- How Do Stock Buybacks Affect Shareholders?
- What is the Australian Securities Exchange (ASX)
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for Shinhan Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shinhan Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.