Wells Fargo & Co. (WFC) is Trading Lower on Unusual Volume for February 03

Equities Staff  |

Wells Fargo & Co. (WFC) experienced unusually high volume on Feb. 03, as the stock lost 1.66% to a closing price of $47.65. The stock saw 39.95 million shares trade hands over the course of the day on 212,602 trades. Given that the stock’s average daily volume over the last month has been 20.75 million shares a day, this represents a pretty substantial spike over the norm.

Wells Fargo & Co. has a P/B ratio of 1.43. It also has a P/E ratio of 11.6. The stock has traded between $58.77 and $46.88 over the last 52-weeks, its 50-day SMA is now $52.70, and its 200-day SMA $54.08.

Wells Fargo & Co is a diversified financial services company. It provides retail, corporate and commercial banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions.

Headquartered in San Francisco, CA, Wells Fargo & Co. has 0 employees and is currently under the leadership of CEO John G. Stumpf.

For a complete fundamental analysis analysis of Wells Fargo & Co., check out Equities.com’s Stock Valuation Analysis report for WFC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer



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