Mizuho Financial Group (NYSE:MFG) Trading 2.1% Higher - Time to Buy?

Mizuho Financial Group, Inc. (NYSE:MFG - Get Free Report) shares rose 2.1% during mid-day trading on Friday . The company traded as high as $6.04 and last traded at $6.02. Approximately 178,176 shares changed hands during trading, a decline of 86% from the average daily volume of 1,316,799 shares. The stock had previously closed at $5.89.Get Mizuho Financial Group alerts:Mizuho Financial Group Trading Up 2.8 %Don’t Miss These 3 Japanese Stocks as Interest Rates ClimbThe company has a debt-to-equity ratio of 1.39, a current ratio of 0.97 and a quick ratio of 0.96. The firm has a market capitalization of $76.73 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 0.76 and a beta of 0.39. The business's 50-day moving average price is $5.50 and its 200-day moving average price is $4.87. Mizuho Financial Group (NYSE:MFG - Get Free Report) last announced its earnings results on Monday, February 3rd. The bank reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.05. Mizuho Financial Group had a net margin of 7.85% and a return on equity of 8.56%. As a group, analysts expect that Mizuho Financial Group, Inc. will post 0.42 earnings per share for the current fiscal year. Hedge Funds Weigh In On Mizuho Financial Group3 Stocks Getting Boosted by AnalystsHedge funds have recently modified their holdings of the business. Spire Wealth Management grew its position in shares of Mizuho Financial Group by 377.8% during the fourth quarter. Spire Wealth Management now owns 5,504 shares of the bank's stock worth $27,000 after acquiring an additional 4,352 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mizuho Financial Group during the third quarter worth $25,000. Bessemer Group Inc. lifted its holdings in shares of Mizuho Financial Group by 51.5% during the fourth quarter. Bessemer Group Inc. now owns 6,430 shares of the bank's stock worth $31,000 after purchasing an additional 2,187 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Mizuho Financial Group by 683.9% during the third quarter. TD Private Client Wealth LLC now owns 8,419 shares of the bank's stock worth $35,000 after purchasing an additional 7,345 shares during the period. Finally, CogentBlue Wealth Advisors LLC acquired a new stake in shares of Mizuho Financial Group during the fourth quarter worth $50,000. 3.26% of the stock is currently owned by hedge funds and other institutional investors. About Mizuho Financial Group (Get Free Report)Mizuho Financial Group, Inc, together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments.See AlsoFive stocks we like better than Mizuho Financial GroupWhere Do I Find 52-Week Highs and Lows?FedEx Delivers Another Crushing Blow to Its Stock PriceHow to start investing in penny stocksAnalysts Stay Bullish on Rocket Lab as Signs of a Bottom EmergeESG Stocks, What Investors Should KnowMicron Stock Will Retest All-Time Highs This Year3 A.I. Stocks to Watch Out For Not Named NVIDIA This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Mizuho Financial Group Right Now?Before you consider Mizuho Financial Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mizuho Financial Group wasn't on the list.While Mizuho Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here