Citigroup Inc (NYSE:C) shares, rose in value on Friday, January 03, with the stock price up by 0.26% to the previous day’s close as strong demand from buyers drove the stock to $70.12.
Actively observing the price movement in the recent trading, the stock is buoying the session at $69.94, falling within a range of $69.85 and $71.09. The value of beta (5-year monthly) is 1.426 whereas the PE ratio is 20.25 over 12-month period. Referring to stock’s 52-week performance, its high was $73.38, and the low was $50.51. On the whole, C has fluctuated by -1.82% over the past month.
With the market capitalization of Citigroup Inc currently standing at about $132.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.18, with its dividend yield at 3.11%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 80.9B, with a low estimate of 19.32B and a high estimate of 19.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 19.42B.
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 50% 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 0.83, with the price of C currently trading nearly -0.92% and 1.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.48, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 1.91%. Furthermore, Citigroup Inc (C)’s beta value is 1.42, and its average true range (ATR) is 1.35.
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 0.26% in today’s session so far, and over the past year, it grew by 30.73%%.
Data on historical trading for Citigroup Inc (NYSE:C) indicates that the trading volumes over the past 10 days have averaged 11.1 and over the past 3 months, they’ve averaged 13.32 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 76.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 36.14 million shares as on 2024-12-13, resulting in a short ratio of 2.74. According to the data, the short interest in Citigroup Inc (C) stood at 192.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 33.55 million. The stock has fallen by -0.38% 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.
