UBS shares experienced a decline of 0.8 percent to CHF 27.53 during the SIX SX session at midday, making it one of the underperformers in the SMI, which is currently at 11,608 points.
The stock reached a low of CHF 27.44 today, down from an opening price of CHF 27.50, with a trading volume of 1,222,745 shares.
The current price is 6.90 percent below its 52-week high of CHF 29.57, achieved on October 30, 2024, and 22.19 percent above its 52-week low of CHF 22.53 recorded on August 5, 2024.
UBS reported earnings per share (EPS) of CHF 0.39 for the quarter ending September 30, 2024, a significant improvement from the previous year's loss of CHF -0.21 per share.
The company’s turnover for the quarter was CHF 18.86 billion, reflecting a slight decline of 0.21 percent compared to CHF 18.90 billion in the same period last year.
Analysts anticipate a dividend of USD 0.819 for the current year, up from CHF 0.640 last year.
UBS is set to release its Q4 2024 results on February 4, 2025, with expectations of reporting earnings of USD 1.76 per share for the 2024 balance sheet.