Citigroup, Inc Stock Update
The financial holding firm has witnessed a rise of 0.06% in its shares while in the past week, its shares have appreciated by 1.01%.
In the last seven days, Citigroup Inc.’s share have appreciated by 1.01% while on Friday the financial services firm’s shares made it into the gainers of the day by rising 0.06%. However, the shares underperformed the expectation of S&P 500 with a loss of 1.04%.
The financial holding company witnessed a rise of 0.06% during the trading day that was held on Friday. The commencement of the session was at a share price of $51.01. The peak level of the shares during the courses of the trade was $51.15 while the bottom level of share price was seen at $50.63. By the end of the session, the trade was at $51.1 while the numbers of shares in the company were calculated to be 12,001,784 shares.
In the short positions, the firm’s shares rose to 1,756,185 shares or 4.8%. On August 14, 2015, the financial firm had 36,648,661 shares which rose to 38,404,846 by August 31, 2015.In the last three months period, the value of shares has fell by 10.45% while on a monthly basis it has lost 11.27%.
The one year low of the shares of the financial services firm was witnessed on January 16, 2015. A one year high was seen on July 23, 2015. The 52 week high of the shares was registered at $60.95 while the low that was witnessed in January was at a share price of $46.6. $153,803 million is the current market capital of Citigroup Inc. A drop of 2.44% has been witnessed in the past one year.
A short term price target of $66.36 has been suggested by fourteen analysts. The price target is likely to fluctuate between a high share price of $74 estimated by the stock experts and a lower estimate of the share price has been measured by analysts at $60. The standard deviation calculated by the fourteen analysts is $3.88.
Citigroup, Inc. has disclosed Insider Trading and Selling to the Securities and Exchange Commission. This information has been provided by the financial firm to the SEC on a form 4 filing. As stated by the information provided, Oneill Michael, Director at Citigoup, Inc. made a transaction worth $1,439,592 on August 24, 2015.
He had purchased 28,700 shares at a share price of $50.16 per share. At present, the financial holding company’s shares that are owned by Insiders are 0.03% while 74.7% are owned by Institutional Investors. A change has been witnessed in the firm’s total Insider Owned shares. This change has been seen in the past six months and is a change of -0.94%. A change of 0.19% has been observed in the shares that are owned by Institutional Investors in the last three months period.