Citigroup Inc (NYSE: C) on Monday, plunged -1.35% from the previous trading day, before settling in for the closing price of $65.18. Within the past 52 weeks, C’s price has moved between $38.17 and $67.81.
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Annual sales at Financial sector company grew by 12.72% over the past five years. The company achieved an average annual earnings per share of 41.17%. With a float of $1.90 billion, this company’s outstanding shares have now reached $1.90 billion.
Let’s look at the performance matrix of the company that is accounted for 239000 employees.
Citigroup Inc (C) Insider Updates
Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of Citigroup Inc is 0.34%, while institutional ownership is 76.37%. The most recent insider transaction that took place on Oct 18 ’23, was worth 1,142,397. In this transaction Head of Markets of this company sold 28,096 shares at a rate of $40.66, taking the stock ownership to the 410,060 shares.
Citigroup Inc (C) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.63 earnings per share (EPS) for the period topping the consensus outlook (set at 1.21) by 0.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -9.56% drop over the previous five years of trading.
Citigroup Inc (NYSE: C) Trading Performance Indicators
Citigroup Inc (C) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.58, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 7.11 in one year’s time.
Technical Analysis of Citigroup Inc (C)
Citigroup Inc (NYSE: C) saw its 5-day average volume 9.79 million, a negative change from its year-to-date volume of 14.84 million. As of the previous 9 days, the stock’s Stochastic %D was 28.56%. Additionally, its Average True Range was 1.52.
During the past 100 days, Citigroup Inc’s (C) raw stochastic average was set at 70.25%, which indicates a significant increase from 21.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.85% in the past 14 days, which was higher than the 22.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.13, while its 200-day Moving Average is $55.43. Nevertheless, the first resistance level for the watch stands at $65.05 in the near term. At $65.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.25. If the price goes on to break the first support level at $63.85, it is likely to go to the next support level at $63.39. Assuming the price breaks the second support level, the third support level stands at $62.65.
Citigroup Inc (NYSE: C) Key Stats
Market capitalization of the company is 122.65 billion based on 1,907,440K outstanding shares. Right now, sales total 156,820 M and income totals 9,228 M. The company made 42,633 M in profit during its latest quarter, and 3,217 M in sales during its previous quarter.
