Citigroup Inc (NYSE:C) price closed lower on Friday, April 12, dropping -1.70% below its previous close.
A look at the daily price movement shows that the last close reads $60.71. The company’s P/E ratio in the trailing 12-month period read 17.55. Taking into account the 52-week price action we note that the stock hit a 52-week high of $63.90 and 52-week low of $38.17. The stock added 3.32% on its value in the past month.
Citigroup Inc, which has a market valuation of $114.30 billion. The company stock has a Forward Dividend ratio of 2.10, while the dividend yield is 3.52%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give C a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.75. The overview shows that C’s price is at present -1.99% off the SMA20 and 3.42% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 48.37, with weekly volatility standing at 2.83%. The indicator jumps to 2.30% when calculated based on the past 30 days. Citigroup Inc (NYSE:C)’s beta value is holding at 1.50, while the average true range (ATR) indicator is currently reading 1.44. An analysis of the Citigroup Inc (NYSE:C) stock in terms of its daily trading volume indicates that the 3-month average is 16.48 million.
Current records show that the company has 1.92B in outstanding shares. The insiders’ percentage holdings are 0.30% of outstanding shares while the percentage share held by institutions stands at 73.64%. But the 16.02% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
