The UBS stock experienced a decline of 0.7 percent, trading at CHF 27.81 as of 12:28 p.m. in SIX SX. It is currently one of the underperformers in the SMI, which is at 12,134 points.
The stock opened at CHF 27.95 and reached a peak of CHF 27.79. A total of 652,441 shares were traded. The stock's 52-week high was CHF 28.78 on June 3, 2024, and it would need a 3.49 percent increase to return to that level. On the other hand, the stock's 52-week low was CHF 20.88 on October 27, 2023, and it would require a potential drop of 24.92 percent to reach that low.
UBS is projecting a dividend of USD 0.823 per share for the current year, up from CHF 0.640 last year. The company reported earnings per share (EPS) of CHF 0.32 for the quarter ending June 30, 2024, a significant decrease from CHF 8.42 in the same quarter the previous year. Sales increased to CHF 19.76 billion, marking a 38.06 percent increase from CHF 14.32 billion year-over-year. The Q3 2024 balance sheet release is anticipated on October 30, 2024, with analysts forecasting earnings of USD 1.65 per share for 2024.