Citigroup Inc. ( C ) saw a big move last session, as the company's shares fell by over 5 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading within the volatile price range of $46.9 to $50.3 in the past one-month time frame.BANKUNITED INC (BKU): Free Stock Analysis ReportCITIGROUP INC (C): Free Stock Analysis ReportCOMERICA INC (CMA): Free Stock Analysis ReportKEYCORP NEW (KEY): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
This slump shouldn't be too much of a surprise to investors, as the Banking company has seen 9 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
C currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the Banks-Major Regional Industry include BankUnited, Inc. ( BKU ), Comerica Incorporated ( CMA ) and KeyCorp. ( KEY ). All these stocks hold a Zacks Rank #2 (Buy).
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