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Positives for Citigroup Inc (C) as stock gains in recent trading

Citigroup Inc (NYSE: C) is 18.49% higher on its value in year-to-date trading and has touched a low of $38.17 and a high of $63.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The C stock was last observed hovering at around $59.14 in the last trading session, with the day’s gains setting it 1.81%.

Currently trading at $60.95, the stock is 0.32% and 4.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.39 million and changing 3.06% at the moment leaves the stock 24.89% off its SMA200. C registered 23.38% gain for a year compared to 6-month gain of 52.15%.

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The stock witnessed a -0.62% loss in the last 1 month and extending the period to 3 months gives it a 15.35%, and is 4.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.45% over the month.

Citigroup Inc (C) has around 239000 employees, a market worth around $116.74B and $164.18B in sales. Current P/E ratio is 17.92 and Fwd P/E is 8.45. Profit margin for the company is 4.05%. Distance from 52-week low is 59.68% and -4.62% from its 52-week high. The company has generated returns on investments over the last 12 months (1.35%).

Citigroup Inc quarterly earnings per share for the current quarter are estimated at $1.43 with sales reaching $20.06B over the same period.The EPS is expected to grow by 43.11% this year, but quarterly earnings will post 11.50% year-over-year. Quarterly sales are estimated to grow 3.20% in year-over-year returns.

Citigroup Inc (C) Top Institutional Holders

The shares outstanding are 1.92B, and float is at 1.91B with Short Float at 1.56%.

Citigroup Inc (C) Insider Activity

The most recent transaction is an insider sale by MORTON ANDREW JOHN,the company’sHead of Markets. SEC filings show that MORTON ANDREW JOHN sold 28,096 shares of the company’s common stock on Oct 18 ’23 at a price of $40.66 per share for a total of $1.14 million. Following the sale, the insider now owns 0.41 million shares.

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