Goldman Sachs Group, Inc. (The)s in-depth data and chart pattern analysis indicates that the stock price has rallied 10.74% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 46.73% . Looking at the past 52 week period, the stock price is up at 64.63% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Goldman Sachs Group, Inc. (The) has a positive value of 52.54 compared to overall market.
The Goldman Sachs Group, Inc. stock has recorded a 20-day Moving Average of 2.12% and the 50-Day Moving Average is 2.77%.The 200 Day SMA reached 32.27%The Goldman Sachs Group, Inc. is having a Relative Strength Index of 56.85 which indicates the stock is not yet over sold or over bought based on the technical indicators.Goldman Sachs Group, Inc. (The) (NYSE:GS) has tumbled 1.21% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 4.39% in the last four weeks. The stocks have underperformed the S&P 500 by 1.89% during the past week but Goldman Sachs Group, Inc. (The) (NYSE:GS) it has outperformed the index in 4 weeks by 1.19%.
Goldman Sachs Group, Inc. (The) (NYSE:GS) stock ended Friday session in the red zone in a volatile trading. The stock closed down 3.84 points or 1.53% at $247.35 with 3,565,388 shares getting traded. Post opening the session at $247.7, the shares hit an intraday low of $246.1 and an intraday high of $248.88 and the price was in this range throughout the day. The company has a market cap of $98,359 million and the number of outstanding shares has been calculated to be 397,649,220 shares. The 52-week high of Goldman Sachs Group, Inc. (The) (NYSE:GS) is $252.65 and the 52-week low is $138.2.
Currently the company Insiders own 2.61% of Goldman Sachs Group, Inc. (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.15% . Institutional Investors own 74.08% of Goldman Sachs Group, Inc. (The) shares. During last six month period, the net percent change held by insiders has seen a change of -12.78%. Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Alan M Cohen (EVP, Global Head of Compliance) sold 5,599 shares at 250.16 per share price.On Feb 16, 2017, John F.w. Rogers (EVP-Chief of Staff & Secretary) sold 32,325 shares at 250.04 per share price.On Feb 9, 2017, David M Solomon (President and Co-COO) sold 6,250 shares at 240.08 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Goldman Sachs Group Inc was Downgraded by Berenberg to Sell on Feb 24, 2017. Company shares were Reiterated by Citigroup on Jan 11, 2017 to Sell, Raises Price Target to $ 225 from a previous price target of $200 .Goldman Sachs Group Inc was Downgraded by Citigroup to Sell on Jan 10, 2017. Company shares were Reiterated by UBS on Jan 6, 2017 to Buy, Raises Price Target to $ 285 from a previous price target of $234 .Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 262 from a previous price target of $210 .
Goldman Sachs Group Inc Last issued its quarterly earnings results on Jan 18, 2017. The company reported $5.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.28. Analyst had a consensus of $4.80. The company had revenue of $8170.00 million for the quarter, compared to analysts expectations of $7802.68 million. The companys revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.68 EPS.
Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. (Company Press Release)