Citigroup Inc (NYSE:C) shares, rose in value on Thursday, February 13, with the stock price up by 1.02% to the previous day’s close as strong demand from buyers drove the stock to $82.10.
Actively observing the price movement in the last trading, the stock closed the session at $81.27. The PE ratio was 13.79 over 12-month period. Referring to stock’s 52-week performance, its high was $82.91, and the low was $52.24. On the whole, C has fluctuated by 11.70% over the past month.
With the market capitalization of Citigroup Inc currently standing at about $154.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.21, with its dividend yield at 2.69%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.03B, with a low estimate of 20.85B and a high estimate of 21.75B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 21.29B.
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 0.55, with the price of C currently trading nearly 1.54% and 9.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.18, while the 7-day volatility ratio is showing 1.80% which for the 30-day chart, stands at 2.12%. Furthermore, Citigroup Inc (C)’s beta value is 1.42, and its average true range (ATR) is 1.76.
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 1.02% in last session, and over the past year, it grew by 52.26%%.
Data on historical trading for Citigroup Inc (NYSE:C) indicates that the trading volumes over the past 3 months, they’ve averaged 14.13 million. According to company’s latest data on outstanding shares, there are 1.94 billion shares outstanding.
Nearly 0.27% of Citigroup Inc’s shares belong to company insiders and institutional investors own 77.48% of the company’s shares. The stock has risen by 16.64% 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.
