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Wells Fargo & Co. (NYSE:WFC) shares trading low

Boston, MA 07/11/2013 (wallstreetpr) – The largest supplier of volunteers to the community of “Habitat for Humanity” and “Rebuilding Together” in the U.S. has recently announced that its 5000th volunteer home building is to take place again in the same location where the first such activity took place around 20 years ago. This 20th anniversary marks the celebration of around 4.7 million volunteered hours from around 192,000 team members of the company.

Launched in 1993, the company has up to this day invested around $278 million for the development of community revitalization programs and affordable housing. This spending also included $39 million given away as grants to credit and housing counseling agencies. Furthermore, the company has also supported the development or renovation of large building projects carried out through $18 million of grants to the company’s “Leading the Way Home Program Priority Markets Initiative”.

The 20th anniversary demonstrates the company’s long standing commitment to developing affordable housing for families thus enabling the effective revitalization of neighborhoods. The company has been always focusing on its vision of making homeownership a realized dream for all families in need of an affordable housing.

Wells Fargo & Co.’s (NYSE:WFC) share price declined by 1.48% on Wednesday closing at $42.07 per share for the day. Intraday prices for the stock touched a low of $41.74 and a high of $42.58 per share. Trading volume stood at 25.42 million shares of the company on Wednesday, with an average of 20.89 million per day of trading.

Wells Fargo & Co. (NYSE:WFC) currently has a 52-week low price of $31.25 and a 52-week high price of $43.08 per share. The market cap is $222.82 billion with 5.30 million shares outstanding and 77 percent institutional ownership.

Published by Ruchi Gupta

Swati Goyal has over 6 years of experience in financial research & analysis domain. She has built financial models varying from consumer goods to banks. She has her articles published in leading dailies of the nation

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