How Will the Market React to Citigroup Inc (C) Stock Getting a Bearish Rating

Citigroup Inc (C) stock has fallen 1.82% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Citigroup Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on C!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With C Stock Today?

Citigroup Inc (C) stock is down -0.56% while the S&P 500 is higher by 1.5% as of 2:34 PM on Monday, Nov 29. C has fallen -$0.37 from the previous closing price of $65.50 on volume of 13,479,257 shares. Over the past year the S&P 500 is higher by 28.77% while C is higher by 18.27%. C earned $10.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.28. To see InvestorsObserver's Sentiment Score for Citigroup Inc click here.

More About Citigroup Inc

Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the Global Consumer banking segment, which provides basic branch banking around the world, and the Institutional clients group, which provides large customers around the globe with investment banking, cash management, and other products and services. Click Here to get the full Stock Report for Citigroup Inc stock.