Drilling Down Into Citigroup Inc. (C)

Citigroup Inc. (C) is an interesting player in the Financial space, with a focus on Money Center Banks. The stock has been active on the tape, currently trading at $72.65, up from yesterday’s close by 0.51%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. Citigroup Inc. (C) currently trades with a market capitalization of $198.94 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For C, you can get a sense of how sustainable that is by a levered free cash flow of $5.01 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.29 on a per share basis this quarter. Perhaps, that suggests something about why 74.37% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Citigroup Inc. recorded a 52-week high of $72.97. It is now trading 0.31999999999999% off that level. The stock is trading $68.41 its 50-day moving average by -4.24%. The stock carved out a 52-week low down at $45.41.

In recent action, Citigroup Inc. (C) has made a move of +6.82% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 15.62, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.84% with $2.72 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of C.

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