Why is citigroup stock going up

This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. Keefe Bruyette have made an estimate for Citigroup Inc. The new note on the price target was released on June 16, , representing the official price target for Citigroup Inc. The Price to Book ratio for the last quarter was 0. Price to Free Cash Flow for C in the course of the last twelve months was 7.

With this latest performance, C shares gained by 0. Overbought and oversold stocks can be easily traced with the Relative Strength Index RSI , where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions.

An RSI rate of 50 would represent a neutral market momentum. The current RSI for C stock in for the last two-week period is set at The present Moving Average for the last 50 days of trading for this stock Operating Margin for any stock indicates how profitable investing would be, and Citigroup Inc.

Return on Total Capital for C is now 1. Return on Equity for this stock inclined to 5. When it comes to the capital structure of this company, Citigroup Inc. Long-Term Debt to Equity for the company is recorded at Reflecting on the efficiency of the workforce at the company, Citigroup Inc.

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for C. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Citigroup Inc.

ET by Tomi Kilgore. Its Stock Is Rising—for Once. No Headlines Available. Other News Press Releases. ET on Motley Fool. ET on GuruFocus. ET on InvestorPlace. Palouse Capital Management, Inc. ET on Zacks. Zuckerberg's Choice Oct. Are You a Growth Investor? Chrome Safari Firefox Edge. FTSE CAC IBEX Stoxx Bank of America Corp. Royal Bank of Canada. Toronto-Dominion Bank. BNP Paribas S. Bank of Montreal. Sumitomo Mitsui Financial Group Inc. Bank stocks rebounded Thursday as the yield on the year U.

Treasury bill bounced to 1. While there was no obvious reason for it, Citigroup and Bank of America seemed to fall harder than their peers earlier this week, perhaps justifying their bigger moves upward Thursday. Citigroup is more of a global bank and has some exposure to China, which may have spooked investors -- not that the other big banks don't have exposure to that market as well. Also, Bank of America's business model makes it more sensitive to interest rate shifts than its peers, which could explain its more volatile moves.

I happen to like both of these banks, especially Citigroup, which I believe could be a great value play to get in on right now. Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Average returns of all recommendations since inception.

Cost basis and return based on previous market day close. Investing Best Accounts.