Discover Financial Services Stock Bearish By 15% So Far On Thursday

(VIANEWS) – Shares of Discover Financial Services (NYSE: DFS) fell by a staggering 15.29% to $103.22 at 11:22 EST on Thursday, after five successive sessions in a row of gains. NYSE is rising 0.11% to $16,248.02, after three sequential sessions in a row of gains. This seems, up until now, a somewhat bullish trend exchanging session today.

Discover Financial Services’s last close was $121.85, 0.68% above its 52-week high of $121.03.

About Discover Financial Services

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Earnings Per Share

As for profitability, Discover Financial Services has a trailing twelve months EPS of $14.7.

PE Ratio

Discover Financial Services has a trailing twelve months price to earnings ratio of 7.02. Meaning, the purchaser of the share is investing $7.02 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 29.74%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Discover Financial Services’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Discover Financial Services is 4908334 which is 146.83% above its average volume of 1988550.

More news about Discover Financial Services (DFS).

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