Should You Buy Citigroup Inc (C) Stock After it Is Up 2.06% in a Week? – InvestorsObserver

Overall market sentiment has been neutral on Citigroup Inc (C) stock lately. C receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 up 0.81% while the S&P 500 is lower by -0.55% as of 2:27 PM on Wednesday, Mar 1. C is up $0.41 from the previous closing price of $50.66 on volume of 8,589,436 shares. Over the past year the S&P 500 is lower by -9.73% while C is lower by -13.78%. C earned $7.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.18. 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 institutional clients group (ICG) and the personal banking and wealth management group (PBWM). The bank’s primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States. Click Here to get the full Stock Report for Citigroup Inc stock.