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CLOSING UPDATE: Citigroup decreases gains by 0.04% - outperforming 89% of stocks 20 October 2017 18:07 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Citigroup, NYSE's 4th largest bank by market capitalisation, has increased 65.0c (or 0.9%) today to trade at $US73.53 and has outperformed 89% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal. Compared with the S&P 500 Index which rose 13.1 points (or 0.5%) in the day, this represented a relative price increase of 0.4%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.73 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.4% discount to 12-month high of $US76.14 against the 55.0% premium to 12-month low of $US47.44 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high thirteen times, pointing to a significant uptrend.

+ The price increased 2.0% in the last week and lifted 2.9% in the last month.

+ The present value of USD1,000 invested one year ago is $US1,517 [vs $US1,203 for the S&P 500 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price to Book of 1 [1.6]

+ Return on Assets 0.8% [0.7%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 1% of stock by value of Q Ratio.

+ Net profit margin has averaged 27.6% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ The Brand Value represents 4.1% of the estimated Enterprise Value of $US523.4 billion.

Note

Bearish Signals:

As per the Du Pont analysis, Return on Equity is less than stellar at 6.7%. Also, this has deteriorated from 7.9% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Dividend yield of 1.1% [2.0%]

TODAY'S ALERTS

Afternoon Alert: Citigroup increases 0.9% - outperforming 85% of stocks

20 October 2017 13:05 EDT

Citigroup Inc. (NYSE:C) has increased 68.0c (or 0.9%) today to trade at $US73.56 and has outperformed 85% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Citigroup increases 0.5% - outperforming 84% of stocks

20 October 2017 11:15 EDT

Citigroup Inc. (NYSE:C) has increased 40.0c (or 0.5%) today to trade at $US73.28 and has outperformed 84% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: Citigroup decreases 0.3%

19 October 2017 18:05 EDT

Citigroup, NYSE's 4th largest bank by market capitalisation, traded on volume of 0.7 times average today while the price decreased 24.0c (or 0.3%) to trade at $US72.88. Compared with the S&P 500 Index which fell 0.5 points (or 0.02%) in the day, this represented a relative price change of -0.3%.

Afternoon Alert: Citigroup decreases 1.0%, leads Bank sector lower

19 October 2017 13:05 EDT

Citigroup Inc. (NYSE:C) has decreased 1.0% to trade at $US72.41 vs. the Bank sector which weakened 2.9 points (or 0.1%) to 2,597.9. Representing a weighting of about 10.5% of the sector, the stock accounted for 92.5% of today's loss. Trading volume was 54% of average so far today.

Citigroup Inc. (N:C)

ISIN: US1729674242

PermID: 4295937161

CIK: 831001

CUSIP: 172967424

Source: www.BuySellSignals.com