Citigroup Inc (NYSE:C) shares, rose in value, with the stock price down by -0.45% to the previous day’s close as strong demand from buyers drove the stock to $71.11.
Actively observing the price movement in the recent trading, the stock is buoying the session at $71.43, falling within a range of $70.97 and $71.91. The value of beta (5-year monthly) is 1.426 whereas the PE ratio is 20.54 over 12-month period. Referring to stock’s 52-week performance, its high was $73.38, and the low was $47.86. On the whole, C has fluctuated by 3.22% over the past month.
With the market capitalization of Citigroup Inc currently standing at about $134.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 2.18, with its dividend yield at 3.07%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that C’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.89, with the price of C currently trading nearly 0.68% and 5.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.38, while the 7-day volatility ratio is showing 1.83% which for the 30-day chart, stands at 1.74%. Furthermore, Citigroup Inc (C)’s beta value is 1.43, and its average true range (ATR) is 1.32.
A comparison of Citigroup Inc (C) with its peers suggests the former has fared considerably weaker in the market. C showed an intraday change of -0.45% in today’s session so far, and over the past year, it grew by 44.11%%.
Data on historical trading for Citigroup Inc (NYSE:C) indicates that the trading volumes over the past 10 days have averaged 13.37 and over the past 3 months, they’ve averaged 13.56 million. According to company’s latest data on outstanding shares, there are 1.89 billion shares outstanding.
Nearly 0.27% of Citigroup Inc’s shares belong to company insiders and institutional investors own 76.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 32.9 million shares as on 2024-11-29, resulting in a short ratio of 2.27. According to the data, the short interest in Citigroup Inc (C) stood at 174.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 30.5 million. The stock has risen by 38.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the C stock heading into the next quarter.
