Hello fellow traders and investors CitiGroup has been experiencing a pullback before their earnings report that was released today. They beat EPS expectations by 45% and also slightly beat revenue expectations as well. Citigroup offers a 16% ROI if it recovers to the take-profit area.
Entry: ~67.75$
Take Profit: 80$
Stop Loss: ~65.50$
Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
Fundamentals:
-Description: Citigroup, Inc. is a holding company, which engages in the provision of financial products and services.
- Market Cap: 138B
- Sales Last 12 Months: 53.50B
- P/E: 9.35
- P/S: 2.58
- Debt/Equity: 2.70
- Sales growth Q/Q: -27%
- EPS growth Q/Q: 240%
- Profit Margin: 28.50%
- Short Float: 1.46%
If you enjoyed the analysis make sure to like and follow for more! Thanks!
Entry: ~67.75$
Take Profit: 80$
Stop Loss: ~65.50$
Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
Fundamentals:
-Description: Citigroup, Inc. is a holding company, which engages in the provision of financial products and services.
- Market Cap: 138B
- Sales Last 12 Months: 53.50B
- P/E: 9.35
- P/S: 2.58
- Debt/Equity: 2.70
- Sales growth Q/Q: -27%
- EPS growth Q/Q: 240%
- Profit Margin: 28.50%
- Short Float: 1.46%
If you enjoyed the analysis make sure to like and follow for more! Thanks!
