Goldman Sachs Group Inc. (NYSE:GS), the fifth- largest US bank in terms of assets, might not launch long-term debt to meet the $11.8 billion it has in second-half maturities, according to Treasurer Elizabeth “Liz” Beshel Robinson.
Clearly the market condition is a slightly more difficult today that it’s been few years back, Robinson commented on a conference call on Tuesday for fixed-income investors, the initial of its kind launched by the New York-located firm. She stated that the company has plenty of levers to substitute the funding, together with increasing deposits or lessening the company’s balance sheet.
Its competitors include JPMorgan Chase & Co. (NYSE:JPM) with 3.81 billion of outstanding shares and Morgan Stanley (NYSE:MS) whose gross margin remained 67.13% with 1.98 billion of outstanding shares.
Other financial stocks include Host Hotels and Resorts Inc (NYSE:HST) whose gross margin remained 17.51%, Invesco Ltd. (NYSE:IVZ) with gross margin of 67.82%, CME Group Inc (NASDAQ:CME) with gross margin of 96.95%, CYS Investments Inc (NYSE:CYS) whose gross margin remained 89.72%, Two Harbors Investment Corp (NYSE:TWO) gross margin stayed 88.15% and American Capital Ltd. (NASDAQ:ACAS) having gross margin of 86.75%.
Goldman Sachs Group, Inc. (NYSE:GS) after opening at $95.06 hit high price of $95.85 and then trading at $95.69 by gaining 1.28% and on current session volume of 2.5 million shares as compare to its average volume of 4.72 million shares.
The stock price volatility was 1.83% for a week and 2.11% for a month as well as price volatility’s Average True Range for 14 days was 2.27 and its beta remained 1.43.
The Company had total cash at hand $845.88 billion and a book value per share as $134.48 in the most recent quarter.
GS generated revenue of 33.99 billion in the following twelve months and earned $3.55 billion. The Company showed a positive 10.86% in the net profit margin and as well as in its operating margin which remained 15.04%.
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