The Citigroup Inc. (NYSE:C) is going up by 0.51% in today’s trading session, a rise equivalent to 0.35% of the stock’s price from yesterday’s market close. A news came out 21 hours ago stating that Bank ETFs surge: finally, a breakout, or just another headfake? by MARKETWATCH. The lowest point that the shares touched during the trading session was $68.11, while the peak of the day was recorded at a share price of $69.2124. C finished the previous session at $68.90 according to the data provided by Barchart, while the trading volume was observed to be $6,566,996.
In the 100 days of trading, C managed to top a 67.34% Moving average. Additionally, Citigroup Inc. shares have achieved a 52-week range between 48.42 and 75.24 alongside 100 days raw stochastic set at 67.69%.
The number of shares outstanding, according to the fundamentals of the company, is set at 2.27B, equal to the value of $156.52B in market capitalization. In the last 30 days, Citigroup Inc. shares went down by -1.31%, adding 70.01 to growth in value, on top of a +13.78% boost since 08/12/19.
Citigroup Inc. (NYSE:C) Analyst’s Estimates
Citigroup Inc. (C) could record at least $1.96 per share in quarterly earnings in the upcoming report, a number that would actually represent an increase of 10.45% YOY.
According to the average analyst rating, Citigroup Inc. would be rated as Buy. Out of 25 different analysts monitoring C stock, 18 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 4 indicate that C is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jul-26-19, the stock earned a Upgrade rating due to a new analyst call from Keefe Bruyette, while analysts from Goldman believe that the stock is set at Buy from Neutral, as concluded on May-30-19. Jefferies, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Feb-22-19.
Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-02-19, giving the stock a Overweight rating.
C Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +24.12. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.95%. Beta value of the stock is recorded at 1.79. Additionally, Citigroup Inc. is recording price volatility of 2.30% for the period of the last seven days and 2.23% in the last 30 days.
Citigroup Inc. (NYSE:C) Technical Outlook
For the period of the last 50 days, Citigroup Inc. had its Raw Stochastic average set at 67.69% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 90.10%. Stochastic %K for Citigroup Inc., with the last 20 days included, was set at 89.02%, having Stochastic %D topping 89.01%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Citigroup Inc. stocks with recording 32.35% in metrics.
Citigroup Inc. Insider Watch:
As far as the position of shares issued by Citigroup Inc. (NYSE:C) for the period concluded at the market close of 09/11/19, 678 institutional investors increased their positions in C shares by 90,675,784, 807 decreased positions by 91,165,428 and 233 institutional investors decided to hold positions at 1,606,602,137. These numbers put the complete list of institutional holdings set at 1,788,443,349 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 102 institutional investments with 3,206,112 new shares in addition to having 98 institutional investors selling their positions in 8,384,049 shares.