Wall Street's Analysis on Citigroup Inc (C) Stock's Recent Behavior

Wednesday, July 1, 2020 12:00 PM | InvestorsObserver Analysts

The market has been neutral on Citigroup Inc (C) stock recently. C gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,neutral
Citigroup Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on C!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With C Stock Today?

Citigroup Inc (C) stock is lower by -1.23% while the S&P 500 is higher by 1.54% as of 11:56 AM on Wednesday, Jul 1. C is down -$0.63 from the previous closing price of $51.09 on volume of 8,835,054 shares. Over the past year the S&P 500 is up 4.59% while C is down -28.67%. C earned $7.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.89.

To screen for more stocks like 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.

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