Brokerage Recommendation: Citigroup Inc. (NYSE:C), The Charles Schwab Corporation (NYSE:SCHW)

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Citigroup Inc. (NYSE:C) went higher by +2.58% to close at $ 44.45. The company exchanged total volume of 37.09 million shares throughout course of last trade however it holds an average trading capacity of 22.81 million shares. Shares of company began trading at $44.38 climbed to high of $44.77 touched the low of $44.12.

The company is trading above its 50-day moving averages of 43.34 and up from 200-day moving averages of 43.26. The firm has price to book ratio of 0.61 and its price to sale ratio was 1.90.

The average true range of Citigroup Inc.’s (C) is recorded at 1.24 and the relative strength index of the stock stands 59.13. The stock price is going above to its 52 week low with 28.90% and lagging behind from its 52 week high with -26.78%. Analyst recommendation for this stock stands at 1.90. A look on the firm performance, its monthly performance is 5.93% and a quarterly performance of -1.07%. The stock price is trading downbeat from its 200 days moving average with -3.84% and up from 50 days moving average with 1.54%.

Citi recently reported the formation of the Citi® ATM Community Network, a new pilot program providing over 300,000 consumers of participating minority-owned banks and credit unions with the ability to withdraw cash with no surcharge fee at Citibank® branch ATMs including those in Chicago, Los Angeles, Miami, New York, San Francisco and Washington D.C.

“The Citi ATM Community Network will expand access to ATMs in key areas by capitalizing on our branch network in six major urban centers in the U.S.,” stated Will Howle, Head of U.S. Retail Banking at Citi. “We take seriously our role of providing financial services to the broad spectrum of populations in the communities in which we operate, and the Citi ATM Community Network is yet another way we will do it.”

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “5” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “1.69” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

The Charles Schwab Corporation (NYSE:SCHW) surged +1.85% and closed the trade at $ 26.92. The company recorded a trading capacity of 7.72 million shares below its three months average daily volume of 9.91 million shares. During the last trade, shares reached to high price of $27.33 and touched the low price of $26.78. The stock’s 50-day moving average is noted at $27.69 and its 200-day moving average is stands at $27.48.

Additionally, the company has a PE ratio of 24.47 and has EPS of 1.10. The company has market capitalization of $35.58B.

The Charles Schwab Corporation’s (SCHW) has price-to-cash ratio of 3.34 and price to sale ratio of 5.17. The company net profit margin is 21.70% and gross profit margin is 97.90%. A look on the firm performance, its monthly performance is -3.79% and a quarterly performance of -6.10%. The stock price is moving up from its 20 days moving average with 1.61% and isolated negatively from 50 days moving average with -3.61%.

Brokerage Recommendations:

The stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as “Buy” from “5” brokerage firms and “1” brokerage firms say as “Strong Buy”. “0” brokerage firms have suggested “Sell” for the company. “0” brokerage firms have recommended as a “Hold”. Strong Sell rating was given by “1.85” brokerage firms.  The Company has average brokerage recommendation (ABR) of “0” based on consensus of the ZACKS brokerage firms.



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