One of the S&P 500’s big winners for Tuesday January 26 was M & T Bank Corp ($MTB) as the company’s stock climbed 3.84% to $105.70 on volume of 1.92 million shares.
The stock opened at $102.26 and saw an intraday low of $101.98 and an intraday high of $105.82. All told, the day saw a per-share gain of $3.91. The stock’s average daily volume of 1.3 million and 133.29 million shares outstanding. M & T Bank Corp now has a 50-day SMA is $119.22 and 200-day SMA is $121.26, and it has a 52-week high of $134.00 and a 52-week low of $101.51.
M&T Bank Corp is a New York business corporation and a bank holding company. The Company through subsidiaries provides individuals, corporations and other businesses, and institutions with commercial and retail banking services.
Based out of Buffalo, NY, M & T Bank Corp has 15,456 employees and, after today’s trading, reached a market cap of $14.09 billion. The stock’s P/E Ratio is 14.1. Its P/S ratio is 2.72, P/B ratio is 1.21, and P/FCF ratio is 15.7.
For a complete fundamental analysis analysis of M & T Bank Corp, check out Equities.com’s Stock Valuation Analysis report for MTB. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.