Citigroup Inc. (C) saw its value decrease by -1.7% as the stock dropped $-0.99 to finish the day at a closing price of $57.39. The stock was higher in trading and has fluctuated between $34.52-$61.63 per share for the past year. The shares, which traded within a range of $57.1 to $58.28 during the day, are up by 18.48% in the past three months and up by 30.3% over the past six months. It is currently trading -4.58% below its 20 day moving average and -0.09% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $64.31 a share over the next twelve months. The current relative strength index (RSI) reading is 38.95.The technical indicator lead us to believe there will be no major movement any time soon, hold.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.
Reynolds American Inc. (RAI) shares were up in last trading by 0.55% to $58. It experienced higher than average volume on day. The stock increased in value by almost 3.92% over the past week and grew 4.22% in the past month. It is currently trading 5.68% above its 50 day moving average and 14.43% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.26% decrease in value from its one year high of $58.15. The RSI indicator value of 77.46, lead us to believe that it may reverse gains in the near term.
Reynolds American Inc., through its subsidiaries, manufactures, and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, Santa Fe, and American Snuff segments. The RJR Tobacco segment offers cigarettes under the NEWPORT, CAMEL, PALL MALL, DORAL, MISTY, and CAPRI brands; and CAMEL Snus, a smoke-free tobacco product, as well as manages various licensed brands, including DUNHILL and STATE EXPRESS 555. The Santa Fe segment manufactures and markets cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names. The company also manufactures and markets digital vapor cigarettes under the VUSE brand name; and markets nicotine replacement therapy products under the ZONNIC brand. It distributes its products primarily through direct wholesale deliveries from a local distribution center and public warehouses. Reynolds American Inc. was founded in 2004 and is headquartered in Winston-Salem, North Carolina.
AK Steel Holding Corporation (AKS) traded within a range of $9.38 to $10.18 after opening the day at $9.5. The company has seen its stock decrease in value by -1.37% so far this year. The stock was up close to 6.56% on active volume in last trading session and closed at $10.07 per share. After the recent gain, the stock is currently holding -11.59% below its 52 week high of $11.39 and 514.02% above its 12-month low of $1.81. The shares are up by over 117.03% in the last three months, and the RSI indicator value of 49.84 is neither bullish nor bearish, tempting investors to stay on the sidelines.
AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.