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5 Stocks Pushing The Financial Sector Lower

1. As of noon trading, Citigroup (C) is down $0.11 (-0.3%) to $42.05 on light volume Thus far, 8.9 million shares of Citigroup exchanged hands as compared to its average daily volume of 34.7 million shares. The stock has ranged in price between $41.75-$42.37 after having opened the day at $42.08 as compared to the previous trading day's close of $42.16.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $121.1 billion and is part of the banking industry. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Wednesday. Currently there are 19 analysts that rate Citigroup a buy, 2 analysts rate it a sell, and 4 rate it a hold.

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