Citigroup is in the banking and financial sector of the market, and is in a real position to grow as the interest rates begin to rise. Companies that are in the same position would include all the larger banks and companies that lend. Having a finance or banking stock in your portfolio is a solid way to be diversified, but you must watch out for situations that are similar to 2008. Although the damage that was done won?t likely be matched, it still could bring down your investment value in the stock. Let us take a look at their most recent numbers and see how they?ve performed. [more
Citigroup Inc (C) is traded on New York Stock Exchange in USA. It is located in NEW YORK, U.S.A and employs 220,000 people. Citigroup is listed under Banking category by Fama And French industry classification and specializes in Services
with concentration in Banking
. The company currently falls under 'Mega-Cap
' category with current capitalization of 154.16 B. Citigroup Inc operates under Services
sector and is part of Banking
industry. This company has 3 B outstanding shares of which 42.02 M shares are currently sold short by investors with about 1.53 days to cover all short positions.
CITIGROUP INC has accumulated about 133.1 B in cash with 39.74 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 230.63.