Credit Suisse Group (CS) has risen sharply, recording gains of 9.72% in the past 4 weeks. However, the stock has corrected -4.66% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 11.99% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 9.1%.The 200 Day SMA reached 8.17% Credit Suisse Group AG is up 4.3% in the last 3-month period. Year-to-Date the stock performance stands at -36.33%.
Company shares have received an average consensus rating of Hold for the current week Credit Suisse Group (NYSE:CS): stock was range-bound between the intraday low of $12.935 and the intraday high of $13.12 after having opened at $12.98 on Fridays session. The stock finally closed in the red at $12.98, a loss of -4.66%. The stock remained in the red for the whole trading day. The total traded volume was 6,645,060 shares. The stock failed to cross $13.12 in Fridays trading. The stocks closing price on Thursday was $13.09.
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.