(VIANEWS) – Shares of Credit Suisse Group (NYSE: CS) slid by a staggering 29.81% in 21 sessions from $4.63 at 2022-11-11, to $3.25 at 11:29 EST on Tuesday, after five sequential sessions in a row of losses. NYSE is rising 0.56% to $15,456.07, following the last session’s downward trend.

Credit Suisse Group’s last close was $3.37, 68.12% under its 52-week high of $10.57.

About Credit Suisse Group

Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers wealth management solutions, including investment advice and discretionary asset management services; risk management solutions, such as managed investment products; and wealth planning, succession planning, and trust services. It also provides financing and lending solutions, including consumer credit and real estate mortgage lending, real asset lending relating to ship, and aviation financing for UHNWI; standard and structured hedging, and lombard lending solutions, as well as collateral trading services; and investment banking solutions, such as global securities sales, trading and execution, capital raising, and advisory services. In addition, the company offers banking solutions, such as payments, accounts, debit and credit cards, and product bundles; asset management products; equity and debt underwriting, and advisory services; cash equities, equity derivatives, and convertibles, as well as prime services; and fixed income products, such as credit, securitized, macro, emerging markets, financing, structured credit, and other products. Further, it provides HOLT, a framework for assessing the performance of approximately 20,000 companies; and equity and fixed income research services. The company serves private and institutional clients; ultra-high-net-worth individuals, high-net-worth individuals, and affluent and retail clients; corporate clients, small and medium-sized enterprises, external asset managers, financial institutions, and commodity traders; and pension funds, hedge funds, governments, foundations and endowments, corporations, entrepreneurs, private individuals, financial sponsors, and sovereign clients. As of December 31, 2021, it operated through a network of 311 offices and branches. The company was founded in 1856 and is based in Zurich, Switzerland.

Earnings Per Share

As for profitability, Credit Suisse Group has a trailing twelve months EPS of $0.49.

PE Ratio

Credit Suisse Group has a trailing twelve months price to earnings ratio of 6.62. Meaning,
the purchaser of the share is investing $6.62 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.81%.

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