Goldman Sachs (NYSE:GS) Trading Revenue Misses Estimates; Stock Tumbles – GS, UBS, IBKR, BK

Goldman Sachs Group, Inc’s (NYSE:GS) stock tumbled around 3% after revenue from that business moved down over its competitors.

Shares of the Wall Street bank that generates the highest percentage of revenue from trading tumbled 1.6% to settle at $144.10 in New York at 4:15 PM and marked the second major drop in the 81-company Standard & Poor’s 500 Financials Index.

The New York based Goldman Sachs’s fiscal Q1 revenue from trading stocks and fixed-income products moved down 12% to $5.22 billion, without accounting charges. That failed to meet few analysts’ forecasts, comprising $5.48 billion from Oppenheimer & Co’s Chris Kotowski and $5.25 billion from Credit Suisse Group AG’s Howard Chen.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. UBS AG (ADR) (NYSE:UBS) rose +4.48% to settle at $16.32, Interactive Brokers Group, Inc. (NASDAQ:IBKR) moved up +0.07% to end at $14.08 while The Bank of New York Mellon Corporation (NYSE:BK) jumped +1.57% to finish at $27.76 on Tuesday.

Goldman Sachs Group, Inc. (NYSE:GS) on April 15, 2013 decreased -1.61% to the closing price of $144.10. The overall volume in the last trading session was +8.28 million shares. Its fifty two weeks range was $90.43 – $159.00. The total market capitalization remained at $67.08 billion.

GS is ahead of its 52-week low with 61.28% and lagging behind from its 52-week high price with -9.06%. GS’s last month’s stock price volatility remained 2.34%. In its share capital GS has 465.50 million outstanding shares, among them 459.53 million shares have been floated in market exchange. GS’s stock’s institutional ownership remained 74.12% while insider ownership included 1.31%.

The stock price of GS is moving down from its 20 days moving average with -1.90% and remote negatively from 50 days moving average with -3.98%. GS’s current year’s earnings per share experienced an addition with 213.48% while its current quarter performance remained at 6.21%. Company’s beta coefficient included 1.36. Beta factors measure the amount of market risk associated with market trade.

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