Citigroup Inc (NYSE:C) shares, rose in value, with the stock price down by -0.32% to the previous day’s close as strong demand from buyers drove the stock to $62.47.
Actively observing the price movement in the last trading, the stock closed the session at $62.67. The PE ratio was 18.37 over 12-month period. Referring to stock’s 52-week performance, its high was $63.90, and the low was $38.17. On the whole, C has fluctuated by 2.49% over the past month.
The company’s Forward Dividend Ratio is 2.10, with its dividend yield at 3.36%.
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 1.84, with the price of C currently trading nearly 2.67% and 6.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.73, while the 7-day volatility ratio is showing 2.26% which for the 30-day chart, stands at 2.49%. Furthermore, Citigroup Inc (C)’s beta value is 1.48, and its average true range (ATR) is 1.52.
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 -0.32% in last session, and over the past year, it grew by 27.41%%.
Data on historical trading for Citigroup Inc (NYSE:C) indicates that the trading volumes over the past 3 months, they’ve averaged 16.21 million. According to company’s latest data on outstanding shares, there are 1.92 billion shares outstanding.
Nearly 0.30% of Citigroup Inc’s shares belong to company insiders and institutional investors own 73.55% of the company’s shares. The stock has risen by 21.44% 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.
