News stories about Shinhan Financial Group Co (NYSE:SHG) have trended very positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shinhan Financial Group Co earned a daily sentiment score of 0.51 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Shinhan Financial Group Co (NYSE:SHG) traded up 2.55% during trading on Friday, hitting $48.31. 75,455 shares of the stock were exchanged. The company has a market cap of $23.03 billion, a P/E ratio of 8.07 and a beta of 1.08. Shinhan Financial Group Co has a 1-year low of $35.13 and a 1-year high of $48.47. The firm’s 50-day moving average is $44.58 and its 200 day moving average is $42.71.
Separately, Zacks Investment Research cut shares of Shinhan Financial Group Co from a “buy” rating to a “hold” rating in a research note on Saturday, June 17th.
About Shinhan Financial Group Co
Shinhan Financial Group Co, Ltd. (SFG) is a financial holding company. The Company operates through five segments: commercial banking services, which are provided by Shinhan Bank Co, Ltd. (Shinhan Bank); credit card services, which are provided by Shinhan Card Co, Ltd. (Shinhan Card); securities brokerage services, which are provided by Shinhan Investment Corp.
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