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Citigroup Stock Was 3% Up on Friday, Will it Correct Next Week?

ViaNews Editorial Team

December 5, 2020

Citigroup Stock Was 3% Up on Friday, Will it Correct Next Week?
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Shares of Citigroup jumped 3.61% to $58.62 on Friday, following yesterday's downward trend. Citigroup's last close was $56.58, 41.78% under its 52-week high of $83.11.

Citigroup's Sales

Citigroup's sales growth is a negative 10.4% for the ongoing quarter and a decline by 13.5% for the next. The company's growth estimates for the present quarter is a negative 44.2% and positive 56.2% for the next.

Citigroup's Revenue

Year-on-year quarterly revenue growth declined by 6.1%, now sitting on 58.08B for the twelve trailing months.

Citigroup's Stock Top and Bottom Yearly Value

Citigroup's stock is valued at $58.62 at 12:09 EST, way under its 52-week high of $83.11 and way higher than its 52-week low of $32.00.

Citigroup's Moving Average

Citigroup's value is way higher than its 50-day moving average of $47.79 and way higher than its 200-day moving average of $49.27.

Previous days news about Citigroup

Fintech firm revolut names former Citigroup executive Rebecca Macieira-Kaufmann to its US board. According to CNBC on Wed Dec 2, "European fintech giant Revolut has hired former Citigroup executive Rebecca Macieira-Kaufmann to its U.S. board as it seeks to expand in the world's biggest economy."
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.