The shares for Citigroup Inc. (NYSE:C) and Charles Schwab (NYSE:SCHW) have rallied in the past week. Their performance in the preceding week has made them stocks to watch out for in this trading week. The share for this firm rose by 2.55% in last week alone, and improved by 4.77% in the past four weeks. The shares have outperformed at the S&P 500 index in the past week as well as in the past four weeks by 1.63% and 0.9% respectively.
The shares have increased from the one year high price by 4.27%. The one year high for the shares was registered on 16th January and it was recorded at $60.95. The 50 day moving average and 200 day moving average as recorded by the company was $51.08 and $54.22 respectively. The year to date performance of the stock is currently positioned at -2.43%.
Despite a strong stock performance, the market cap for the company declined by 0.53% or 0.28 points. On Friday, the company opened its trading at $53.34 and attained a peak of $53.36 before closing at $52.56. The total volume traded on that day was 17,569,151. The final trade for the day was done at $52.69. The 52 week high and 52 week low recorded for the company was $60.95 and $46.6. The mean short term price target for the company has been established at $62.25 per share. The high and low estimate has been recorded at $70 and $60 respectively.
Charles Schwab (NYSE: SCHW) has seen an increase of 12.12% in the shares from the one year high. The shares had registered a one year high on the 15th of October 2014 and were recorded at $35.72. The 50 day moving average and 200 day moving average for the company were recorded at $29.24 and $31.58 respectively. The mean short price target for the company is currently established at $35.43 per share. The higher price estimate and lower price estimate for the price target is currently at $40 and $31 respectively. The standard deviation is estimated at $2.84. Last week, during the trading days there was a increased level of volatility in the shares on Monday. The 52 week high and 52 week low for the shares have been recorded at $35.72 and $23.35. The market cap has been recorded at $37.351 Mn. At present 14.1% shares are owned by the company insiders. This trading week, both the stocks are worth looking out for.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
