What is the Market's View on Citizens Financial Group Inc (CFG) Stock's Price and Volume Trends Wednesday?

Citizens Financial Group Inc (CFG) stock is higher by 2.27% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Citizens Financial Group Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CFG!

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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 CFG Stock Today?

Citizens Financial Group Inc (CFG) stock is trading at $27.49 as of 2:17 PM on Wednesday, Nov 29, a gain of $0.91, or 3.42% from the previous closing price of $26.58. The stock has traded between $26.76 and $27.49 so far today. Volume today is below average. So far 2,363,854 shares have traded compared to average volume of 5,756,717 shares. To screen for more stocks like Citizens Financial Group Inc click here.

More About Citizens Financial Group Inc

Citizens Financial Group is a retail bank holding company operating primarily in the New England, Mid-Atlantic, and Midwest regions of the United States. The bank operates through two segments: consumer and commercial banking. Citizens' strategy emphasizes differentiation through customer service. Net interest income is the largest source of the bank's net revenue. Most net interest income is derived from commercial loans, securities, home equity lines of credit, automobile loans, and residential mortgages. Some of CFG's higher-yielding products include credit cards, home equity loans, and other retail loans. Click Here to get the full Stock Report for Citizens Financial Group Inc stock.