NEW YORK ( TheStreet) -- Citigroup Inc (NYSE: C) hit a new 52-week low Monday as it is currently trading at $23.17, below its previous 52-week low of $23.19 with 54.6 million shares traded as of 3:25 p.m. ET. Average volume has been 49 million shares over the past 30 days. Citigroup has a market cap of $78.5 billion and is part of the financial sector and banking industry. Shares are down 45.8% year to date as of the close of trading on Friday. Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services. The company operates through two segments, Citicorp and Citi Holdings. The company has a P/E ratio of 8.3, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Practice your C trading strategies and win cash in our stock game.