Lowering The 52 Week Low, Citigroup Inc (NYSE:C) Ending The Day At $58.35

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Citigroup Inc (NYSE:C)

December 7th, 2018
Amidst falling markets Citigroup Inc finished Friday’s trading session down 2.85%, a $1.71 decrease to close on $58.35. As well as the drop in value, Citigroup Inc hit a new 52 week low of $58.14, breaking the previous low of $58.36 from earlier this month.

C was outperformed by the rest of the Financials sector which went down only 1.84%.
Citigroup Inc is listed on the S&P 500 index, and was one of 446 stocks that slumped today. Weighted by market cap, C represents about 0.48% of the S&P 500.

Forecasts from 27 analysts suggest that Citigroup Inc might go up significantly (42%).

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 9.38%. The biggest loss this year has been the Materials sector dropping 15%.

Utilities saw the biggest turnaround from its 5-day performance of 2.89%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 1.28% trading down 1.44%.

Sector Breakdown

  • Utilities went up with a 0.40% change.
  • Energy went down with a -0.64% change.
  • Consumer Staples went down with a -1.29% change.
  • Real Estate went down with a -1.44% change.
  • Financials went down with a -1.84% change.
  • Communication Services went down with a -2.09% change.
  • Healthcare went down with a -2.51% change.
  • Materials went down with a -2.54% change.
  • Industrials went down with a -2.62% change.
  • Consumer Discretionary went down with a -3.08% change.
  • Information Technology went down with a -3.53% change.

Citigroup is based in New York City, United States of America. Citigroup was founded in June 1812.

Citigroup Inc Info

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. The company operates in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is based in New York, New York.

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