Credit Suisse Group (CS) : Traders are bullish on Credit Suisse Group (CS) as it has outperformed the S&P 500 by a wide margin of 7.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.2%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.52% in the last 1 week, and is up 6.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 5.16% and the fifty day Moving Average is 6.98%. Credit Suisse Group AG has dropped 13.64% during the last three month period . Year-to-Date the stock performance stands at -39.93%.
Credit Suisse Group (NYSE:CS): On Fridays trading session , Opening price of the stock was $12.5 with an intraday high of $12.62. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.28. However, the stock managed to close at $12.35, a loss of 0.32% for the day. On the previous day, the stock had closed at $12.39. The total traded volume of the day was 5,460,745 shares.
Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking & Wealth Management and Investment Banking. Private Banking & Wealth Management offers advice and a range of financial solutions to private, corporate and institutional clients. The Private Banking & Wealth Management comprises the Wealth Management Clients, Corporate & Institutional Clients and Asset Management businesses. Asset Management offers a range of investment products and solutions across asset classes and for all investment styles, serving governments, institutions, corporations and individuals across the world. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Its products and services include debt and equity underwriting, sales and trading, M&A advice, divestitures, corporate sales, restructuring and investment research.