Large Inflow of Money Detected in Citigroup

Citigroup (C) : $118.92 million worth of transactions were on upticks in Citigroup (C), compared to $76.1 million on downticks. The ratio between the two was 1.56, whereas, the net money flow stood at a healthy $42.82 million on Mondays session.The block trades show a bullish bias with only $11.82 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $57.23million worth of trades. The up-down ratio between the uptick and downtick was 4.84, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $45.41 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.33%. The stock was trading at $45.58, with a drop of $0.15 over the previous days close. The stock recorded -0.31% for the week.


Shares of Citigroup Inc. rose by 0.94% in the last five trading days and 5.03% for the last 4 weeks. Citigroup Inc. is up 7.9% in the last 3-month period. Year-to-Date the stock performance stands at -9.83%.

Citigroup (NYSE:C): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.82 and $45.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.39, notching a gain of 1.78% for the day. The total traded volume was 12,252,683 . The stock had closed at $45.58 on the previous day.

In a related news, The officer (Head of Human Resources), of Citigroup Inc, Murray Joseph Michael had unloaded 8,122 shares at $44.35 per share in a transaction on July 20, 2016. The total value of transaction was $360,211. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Citigroup Inc. (Citi) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking, which consists of consumer banking in North America, EMEA, Latin America and Asia, and Institutional Clients Group, which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citis consumer operations, as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.

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