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The Significance of Moving Averages in Citizens Financial Group Inc Inc. (CFG) Price Performance

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 5.37%.However, over the last six months, we can see a weaker performance of 34.77%. Over the last 30 days, the price of CFG has fallen by 9.36%. And in the last five days, it has surged by 0.29%.

Citizens Financial Group Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $36.38 on 04/01/24, and the lowest price during the same period was recorded at $22.77 on 10/27/23.

52-week price history of CFG Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Citizens Financial Group Inc’s current trading price is -4.01% away from its 52-week high, while its distance from the 52-week low is 53.36%. The stock’s price range over this timeframe has been between $22.77 and $36.38. The shares of the Financial sector company recorded a trading volume of approximately 11.09 million for the day, which was comparatively higher than the average daily volume of 5.94 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Citizens Financial Group Inc (CFG) has experienced a quarterly rise of 4.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.01B and boasts a workforce of 17570 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 31.62, with a change in price of +9.11. Similarly, Citizens Financial Group Inc recorded 5,695,571 in trading volume during the last 100 days, posting a change of +35.30%.

CFG’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CFG stands at 0.61. Similarly, the long-term debt-to-equity ratio is also 0.57.

CFG Stock Stochastic Average

Citizens Financial Group Inc’s raw stochastic average for the past 50 days is currently at 76.22%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 58.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.32% and 83.40%, respectively.