Credit Suisse Group AG (CS) Reached A New High 1 time During The Past Five Days

As of Thursday close, Credit Suisse Group AG’s (NYSE:CS) stock was up $0.04, moving up 0.65 percent to $6.24. The average number of shares traded per day over the past five days has been 17,631,961 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.51 fall in that time frame. In the last twenty days, the average volume was 15,079,885, while in the previous 50 days, it was 13,731,294.

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Since last month, CS stock retreated -16.69%. Shares of the company fell to $6.07 on 05/12/22, the lowest level in the past month. A 52-week high of $11.10 was reached on 01/13/22 after having rallying from a 52-week low of $6.20. Since the beginning of this year, CS’s stock price has dropped by -34.75% or -$3.40, and marked a new high 6 times. However, the stock has declined by -43.79% since its 52-week high.

Valuation Metrics

The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 1.73, the price-to-book (PB) ratio of 0.36, and the price-to-cash flow ratio of 0.52 may also be considered.

The latest dividend of $0.052820 per share was paid out, which is -2.56% less than last year’s $0.054210. On Monday May 9 2022, a $0.001390 dividend decrease was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the recent quarter was 3.61, and the total debt-to-equity ratio was 3.61. In the recent year, operating margins totaled 60.60%. Based on annual data, CS earned $6.36 billion in gross profit and brought in $10.57 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.20%. Return on equity (ROE) for the past 12 months was -3.80%.

Technical Picture

This quick technical analysis looks at Credit Suisse Group AG’s (CS) price momentum. With a historical volatility rate of 57.11%, the RSI 9-day stood at 30.75% on 12 May.

With respect to its five-day moving average, the current Credit Suisse Group AG price is down by -7.56% percent or -$0.51. At present, CS shares trade -18.32% below its 20-day simple moving average and -33.48% percent below its 100-day simple moving average. However, the stock is currently trading approximately -21.71% below its SMA50 and -39.36% below its SMA200.

Stochastic coefficient K was 8.28% and Stochastic coefficient D was 9.46%, while ATR was 0.28. Given the Stochastic reading of 14.17% for the 14-day period, the RSI (14) reading has been calculated as 32.44%. As of today, the MACD Oscillator reading stands at -0.35, while the 14-day reading stands at -0.40.

Analyst Ratings

Goldman launched its rating on Credit Suisse Group AG (NYSE: CS) to a Neutral in a note to investors on March 31, 2022. Credit Suisse Group AG (CS) has been rated Hold by analysts. According to 4 brokerage firms, CS is a sell, and 13 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 1 analyst rate Credit Suisse Group AG stock as buy, with 1 recommending it as overweight.

With a median target price of $7.16, the current consensus forecast for the stock is $5.67 – $14.05. Based on these forecasts, analysts predict Credit Suisse Group AG (CS) will achieve an average price target of $7.86.


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