The price of Citigroup Inc. (NYSE:C) went up by $0.76 now trading at $65.82. Their shares witnessed a 35.94% increase from the 52-week low price of $48.42 they recorded on 2018-12-26. Even though it is still -14.31% behind the $75.24 high touched on 2018-09-21. The last few days have been good for the stock, as its price has grew by 6.2% during the week. It has also performed better over the past three months, as it added around 25.23% while it has so far retreated around -5.04% during the course of a year. The stock of C recorded 26.43% uptrend from the beginning of this year till date. The 12-month potential price target for Citigroup Inc. is set at $77.15. This target means that the stock has an upside potential to increase by 17.21% from the current trading price.
When giving their opinion, around 82.14% of Wall Street analysts, which represents 23 out of 28 rated the stock as a Buy. 4 brokerage firms of the remaining 14.29% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate C shares held by institutional investors represents 80.1% of total shares. 175 institutions entered new Citigroup Inc. (NYSE:C) positions, 658 added to their existing positions in these shares, 951 lowered their positions, and 193 exited their positions entirely.
Citigroup Inc. (C) trade volume has decreased by -21.31% as around 11,910,556 shares were sold when compared with its 50-day average volume of traded shares which is 15,136,884. At the moment, C is witnessing a uptrend, as it is trading 4.22% above its 20-day SMA, 3.81% above its 50-day SMA, and 0.55% above its 200-day SMA. The company runs an ROE of roughly 9.3%, with financial analysts predicting that their earnings per share growth will be around 16.81% per annum for the next five year. This will be compared to the 9.4% increase witnessed over the past five years.
The first technical resistance point for Citigroup Inc. (NYSE:C) will likely come at $66.41, marking a 0.89% premium to the current level. The second resistance point is at $67, about 1.76% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $64.22, the lower end of the range. C’s 14-day MACD is 1.75 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 62.22, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 26.07 percent, which is high when compared to that of the 50-day’s 21.4 percent.
The shares of Newmont Mining Corporation (NYSE:NEM) has increased by 1.47%, and now trading at $36.48 on the Wall Street in the intra-day deal, with their shares traded now around 10,965,148. This is a decline of -1,032,528 shares over the average 11,997,676 shares that were traded daily over the last three months. The stock that is trading at $36.48 went higher by 25.53% from its 52-week low of $29.06 that it attained back on 2018-10-25. The stock recorded a 52-week high of $41.98 nearly 357 days ago on 2018-04-13.
NEM stock has performed well over the past 30 days, as it added 10.08% while its price climbed by 5.28% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 2.56% over the last week. The stock’s 12-month potential target price is now at $40.21. This means that the stock price might likely increase by 10.22% from its current trading price.10 out of 15 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 20% rated it as a hold, with 13.33% of analysts rating it as a sell.
Newmont Mining Corporation (NYSE:NEM) has been utilizing an ROE that is roughly 3.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 0.49% per year, following the 16.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 5.78% above its 20-day SMA, 6.74% above its 50-day SMA, and 8.52% above its 200-day SMA. In percentage terms, the aggregate Newmont Mining Corporation shares held by institutional investors is 91.1%. 84 institutions jumped in to acquire Newmont Mining Corporation (NEM) fresh stake, 287 added to their current holdings in these shares, 285 lowered their positions, and 72 left no stake in the company.
The stock’s 9-day MACD is 0.38 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 74.89, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 11 percent, which is less when compared to that of the 50-day’s 24.64 percent. On the daily chart, we see that the stock could reach the first level of resistance at $36.77, sporting a 0.79% premium to the current level. The next resistance point is at $37.06, representing nearly 1.57% premium to the current market price of Newmont Mining Corporation (NEM). On the other hand, failure to breach the immediate hurdles can drag it down to $35.34, the lower end of the range.