Mentioned in this article
The market has been down on Citigroup Inc (C) stock recently. C gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What’s Happening With C Stock Today?
Citigroup Inc (C) stock has fallen -0.18% while the S&P 500 is up 0.21% as of 10:04 AM on Friday, Feb 9. C is down -$0.10 from the previous closing price of $54.29 on volume of 970,887 shares. Over the past year the S&P 500 has risen 21.63% while C is up 5.94%. C earned $4.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.41.
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 and the institutional clients group. The bank’s primary operations are cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
You May Also Like