Media headlines about Shinhan Financial Group Co (NYSE:SHG) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public 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 0.23 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.0703763019984 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Shinhan Financial Group Co (SHG) traded up 0.22% during mid-day trading on Friday, reaching $45.62. 92,135 shares of the company’s stock traded hands. The firm has a 50-day moving average of $45.89 and a 200 day moving average of $43.39. Shinhan Financial Group Co has a 12-month low of $35.15 and a 12-month high of $48.98. The company has a market cap of $21.63 billion, a P/E ratio of 7.75 and a beta of 1.08.
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, July 15th.
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.
Receive News & Ratings for Shinhan Financial Group Co Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shinhan Financial Group Co Ltd and related companies with MarketBeat.com's FREE daily email newsletter.
