Citigroup Inc (C) volume exceeds 12.5 million: A new investment opportunity for investors

On Monday, Citigroup Inc (NYSE: C) opened higher 3.89% from the last session, before settling in for the closing price of $61.76. Price fluctuations for C have ranged from $38.17 to $67.81 over the past 52 weeks.

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A company in the Financial sector has jumped its sales by 12.72% annually for the last half of the decade. Company’s average yearly earnings per share was noted 43.44% at the time writing. With a float of $1.89 billion, this company’s outstanding shares have now reached $1.90 billion.

In an organization with 239000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 66.48%, operating margin of 16.75%, and the pretax margin is 10.76%.

Citigroup Inc (C) Insider Updates

A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of Citigroup Inc is 0.27%, while institutional ownership is 75.50%. The most recent insider transaction that took place on Aug 20 ’24, was worth 816,314. In this transaction Head of U.S. Personal Banking of this company sold 13,254 shares at a rate of $61.59, taking the stock ownership to the 88,966 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Officer proposed sale 13,254 for $61.59, making the entire transaction worth $816,314.

Citigroup Inc (C) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.77 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.74) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.86 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 43.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.14% during the next five years compared to -9.56% drop over the previous five years of trading.

Citigroup Inc (NYSE: C) Trading Performance Indicators

Check out the current performance indicators for Citigroup Inc (C). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.71. Likewise, its price to free cash flow for the trailing twelve months is 164.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 7.18 in one year’s time.

Technical Analysis of Citigroup Inc (C)

Let’s dig in a bit further. During the last 5-days, its volume was 11.76 million. That was inferior than the volume of 14.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.92%. Additionally, its Average True Range was 1.65.

During the past 100 days, Citigroup Inc’s (C) raw stochastic average was set at 74.48%, which indicates a significant increase from 48.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.35% in the past 14 days, which was higher than the 30.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $61.71, while its 200-day Moving Average is $60.37. However, in the short run, Citigroup Inc’s stock first resistance to watch stands at $64.93. Second resistance stands at $65.71. The third major resistance level sits at $67.06. If the price goes on to break the first support level at $62.80, it is likely to go to the next support level at $61.45. Assuming the price breaks the second support level, the third support level stands at $60.67.

Citigroup Inc (NYSE: C) Key Stats

There are currently 1,907,440K shares outstanding in the company with a market cap of 121.35 billion. Presently, the company’s annual sales total 156,820 M according to its annual income of 9,228 M. Last quarter, the company’s sales amounted to 43,409 M and its income totaled 3,238 M.