Credit Suisse Group AG (CS) Is A Stock You Should Watch

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As of Wednesday close, Credit Suisse Group AG’s (NYSE:CS) stock was down -$0.26, moving down -6.36 percent to $3.83. The average number of shares traded per day over the past five days has been 12,742,000 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.56 fall in that time frame. In the last twenty days, the average volume was 18,612,195, while in the previous 50 days, it was 20,185,818.

Since last month, CS stock retreated -20.87%. Shares of the company fell to $3.80 on 11/23/22, the lowest level in the past month. A 52-week high of $10.49 was reached on 01/13/22 after having rallying from a 52-week low of $3.70. Since the beginning of this year, CS’s stock price has dropped by -59.97% or -$5.81, and marked a new high 6 times. However, the stock has declined by -63.47% since its 52-week high.


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Valuation Metrics

The stock’s beta is 1.43. Besides these, the trailing price-to-sales (P/S) ratio of 0.96, the price-to-book (PB) ratio of 0.22, and the price-to-cash flow ratio of 0.89 may also be considered.

The latest dividend of $0.0528 per share was paid out, which is -2.58% less than last year’s $0.0542. On Monday May 9 2022, a $0.0014 dividend decrease was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the recent quarter was 3.76, and the total debt-to-equity ratio was 3.76. In the recent year, operating margins totaled 50.70%. 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 -18.00%.

Technical Picture

This quick technical analysis looks at Credit Suisse Group AG’s (CS) price momentum. With a historical volatility rate of 56.17%, the RSI 9-day stood at 32.00% on 23 November.

With respect to its five-day moving average, the current Credit Suisse Group AG price is down by -12.76% percent or -$0.56. At present, CS shares trade -20.04% below its 20-day simple moving average and -31.24% percent below its 100-day simple moving average. However, the stock is currently trading approximately -28.14% below its SMA50 and -61.43% below its SMA200.

Stochastic coefficient K was 15.40% and Stochastic coefficient D was 27.98%, while ATR was 0.20. Given the Stochastic reading of 3.95% for the 14-day period, the RSI (14) reading has been calculated as 37.92%. As of today, the MACD Oscillator reading stands at -0.28, while the 14-day reading stands at -0.23.

Analyst Ratings

JP Morgan upgraded its rating on Credit Suisse Group AG (NYSE: CS) to a Neutral in a note to investors on October 06, 2022. The analysts firm previously had an Underweight rating on the stock.Credit Suisse Group AG (CS) has been rated Underweight by analysts. According to 4 brokerage firms, CS is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Credit Suisse Group AG stock as buy, with 0 recommending it as overweight.

With a median target price of $4.61, the current consensus forecast for the stock is $3.99 – $6.84. Based on these forecasts, analysts predict Credit Suisse Group AG (CS) will achieve an average price target of $4.89.

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