ubs shares rise slightly as trading volume increases

The UBS shares experienced a slight increase of 0.1 percent, trading at CHF 28.34 on the SIX SX exchange. This performance positioned UBS as one of the stronger performers in the SMI, which is currently at 11,683 points.

The stock reached its peak at CHF 28.75 earlier in the day, after opening at CHF 28.52. A total of 1,878,482 shares were traded. The stock's 52-week high was recorded at CHF 29.57 on October 30, 2024, indicating a potential gain of 4.34 percent to reach that level again. On the other hand, the 52-week low stands at CHF 22.53, reflecting a 20.50 percent drop from the current price.

In terms of financial results, UBS reported earnings per share (EPS) of CHF 0.39 for the most recent quarter, a significant improvement from CHF -0.21 in the same period last year. The bank generated revenues of CHF 18.86 billion, slightly down by 0.21 percent from the previous year's CHF 18.90 billion. Analysts project an EPS of USD 1.77 for 2024, with a dividend of CHF 0.640 distributed to shareholders in 2023 and expectations of USD 0.819 for the current year. Key figures for Q4 2024 are anticipated to be released on February 4, 2025, while Q4 2025 results are expected on January 27, 2026.

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