Citigroup Inc (NYSE:C) shares, rose in value, with the stock price down by -1.25% to the previous day’s close as strong demand from buyers drove the stock to $72.05.
Actively observing the price movement in the recent trading, the stock is buoying the session at $72.96. The PE ratio was 12.12 over 12-month period. Referring to stock’s 52-week performance, its high was $84.74, and the low was $53.51. On the whole, C has fluctuated by -8.19% over the past month.
With the market capitalization of Citigroup Inc currently standing at about $135.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.65, with its dividend yield at 2.29%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.02B, 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 21.31B.
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 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.48, with the price of C currently trading nearly -9.52% and -6.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.25, while the 7-day volatility ratio is showing 3.85% which for the 30-day chart, stands at 2.79%. Furthermore, Citigroup Inc (C)’s beta value is 1.27, and its average true range (ATR) is 2.45.
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 -1.25% in today’s session so far, and over the past year, it grew by 28.34%%. On the other hand, the price of Bank of America Corp. (BAC) has fallen -0.89%% today. The stock, however, is off 18.69% from where it was a year ago. Additionally, there is a gain of 1.17%% for Wells Fargo & Co. (WFC) in recent trading while the stock has seen an overall depriciation of 30.11%% over the past year.
Data on historical trading for Citigroup Inc (NYSE:C) indicates that the trading volumes over the past 3 months, they’ve averaged 14.87 million. According to company’s latest data on outstanding shares, there are 1.88 billion shares outstanding.
Nearly 0.31% of Citigroup Inc’s shares belong to company insiders and institutional investors own 76.97% of the company’s shares. The stock has risen by 2.36% 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.
