Financial Stocks Trading Higher (GS, FITB, MET, SNV)

Goldman Sachs Group, Inc. (NYSE:GS) added 1.72% to $147.40 on over 1.58 million shares. Today, the stock opened at $146.25 and is trading within the range of $145.82-$147.44. The average daily volume of the stock is 6.32 million shares.

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Reuters reported that Endesa SA is in advance negotiations with Goldman Sachs Group Inc. infrastructure fund to sell its Spanish gas grid.

Also, IFR reported on Friday that joint bookrunners Goldman Sachs, Morgan Stanley and UBS sold about $2 billion worth of their remaining positions in China Mobile Ltd after a $6.5 billion block sale failed to clear the market at first attempt.

The stock is down more than 11% year-to-date. So far, the market capitalization of the stock stands at $76 billion.

Fifth Third Bancorp (NASDAQ:FITB) surged 3.16% to $12.09 after 2.30 million shares of trade. So far in the past one year of trading sessions, the stock jumped over 26%.

The median Wall Street price target on the stock is $14 and the high target is set at $19 with majority of analysts have a Hold rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $11.99 and $13.09 respectively.

MetLife, Inc. (NYSE:MET) rose 2.56% to $38.83 after 3.41 million shares of trade. The stock moved in an intraday range of $38.39-$39.08. So far in the last six months of trading sessions, the stock lost over 7%.

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The company has Price/Sales ratio of 0.62 and Price/Book ratio of 0.79. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $39.69 and $41.17 respectively.

Synovus Financial Corp. (NYSE:SNV) went up 0.82% to $2.46 on over 1.80 million shares of trade. So far this year, the stock jumped over 19%. The stock has a 52-week range of $1.45-$4.  

The stock is down more than 38% from its 52-week high of $4. Already, 1.80 million shares have been traded on the stock.

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