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The Chart for Citigroup Inc. (C) Is Flashing Mixed Signals

Citigroup Inc. (NYSE:C) went up by 3.48% from its latest closing price compared to the recent 1-year high of $69.11. The company’s stock price has collected 4.07% of gains in the last five trading sessions. Barrons Online reported on 01/13/23 that Stocks Rise as Big Banks Report Earnings

Is It Worth Investing in Citigroup Inc. (NYSE :C) Right Now?

Citigroup Inc. (NYSE:C) scored a price-to-earnings ratio above its average ratio, recording 7.19 x from its present earnings ratio. Plus, the 36-month beta value for C is at 1.57. Opinions of the stock are interesting as 10 analysts out of 27 who provided ratings for Citigroup Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 16 rated it as “hold,” and 1 as “sell.”

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The average price from analysts is $57.26, which is $6.5 above the current price. C currently public float of 1.93B and currently shorts hold a 1.48% ratio of that float. Today, the average trading volume of C was 17.54M shares.

C’s Market Performance

C stocks went up by 4.07% for the week, with a monthly jump of 16.30% and a quarterly performance of 17.88%, while its annual performance rate touched -20.47%. The volatility ratio for the week stands at 3.17% while the volatility levels for the past 30 days are set at 2.22% for Citigroup Inc. The simple moving average for the period of the last 20 days is 9.21% for C stocks with a simple moving average of 5.86% for the last 200 days.

Analysts’ Opinion of C

Many brokerage firms have already submitted their reports for C stocks, with Piper Sandler repeating the rating for C by listing it as a “Neutral.” The predicted price for C in the upcoming period, according to Piper Sandler is $48 based on the research report published on December 08th of the previous year 2022.

Goldman, on the other hand, stated in their research note that they expect to see C reach a price target of $47, previously predicting the price at $54. The rating they have provided for C stocks is “Neutral” according to the report published on October 03rd, 2022.

C Trading at 8.99% from the 50-Day Moving Average

After a stumble in the market that brought C to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.07% of loss for the given period.

Volatility was left at 2.22%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +16.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.72% upper at present.

During the last 5 trading sessions, C rose by +4.07%, which changed the moving average for the period of 200-days by -3.24% in comparison to the 20-day moving average, which settled at $47.15. In addition, Citigroup Inc. saw 12.96% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at C starting from CITIGROUP INC, who sale 4,614,358 shares at the price of $36.25 back on Sep 12. After this action, CITIGROUP INC now owns 15,318 shares of Citigroup Inc., valued at $167,270,478 using the latest closing price.

Wechter Sara, the Head of Human Resources of Citigroup Inc., sale 14,800 shares at $68.56 during a trade that took place back on Feb 11, which means that Wechter Sara is holding 57,043 shares at $1,014,614 based on the most recent closing price.

Stock Fundamentals for C

Current profitability levels for the company are sitting at:

  • +19.00 for the present operating margin

The net margin for Citigroup Inc. stands at +14.84. Equity return is now at value 8.60, with 0.70 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.

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