Citizens Financial Group Inc’s filing revealed that its 10% Owner Citizens Bank, National Associ acquired Company’s shares for reported $0.84 million on Jan 23 ’25. In the deal valued at $47.03 per share,17,934 shares were bought.
Then, Citizens Bank, National Associ bought 18,878 shares, generating $785,136 in total proceeds.
Before that, Read Craig Jack bought 3,604 shares. Citizens Financial Group Inc shares valued at $158,972 were divested by the Former Officer at a price of $44.11 per share.
Raymond James upgraded its Citizens Financial Group Inc [CFG] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid July with a ‘”a Mkt perform”‘ rating. Piper Sandler also remained covering CFG and has increased its forecast on April 26, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Citigroup revised its rating on February 05, 2024. It rated CFG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CFG
On Friday, Citizens Financial Group Inc [NYSE:CFG] saw its stock fall -1.63% to $47.57. Over the last five days, the stock has gained 0.23%. Citizens Financial Group Inc shares have risen nearly 8.71% since the year began. Nevertheless, the stocks have risen 38.65% over the past one year. While a 52-week high of $49.25 was reached on 01/30/25, a 52-week low of $30.24 was recorded on 01/13/25. SMA at 50 days reached $45.94, while 200 days put it at $40.81.
Levels Of Support And Resistance For CFG Stock
The 24-hour chart illustrates a support level at 47.07, which if violated will result in even more drops to 46.57. On the upside, there is a resistance level at 48.16. A further resistance level may holdings at 48.76. The Relative Strength Index (RSI) on the 14-day chart is 58.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.14%. Stochastics %K at 83.47% indicates the stock is a selling.
How much short interest is there in Citizens Financial Group Inc?
A steep rise in short interest was recorded in Citizens Financial Group Inc stocks on 2024-12-31, dropping by -1.54 million shares to a total of 9.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 10.56 million shares. There was a decline of -17.04%, which implies that there is a negative sentiment for the stock.
