3. As of noon trading, CIT Group ( CIT) is down $0.87 (-2.2%) to $37.82 on heavy volume Thus far, 1.9 million shares of CIT Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $37.22-$38.22 after having opened the day at $38.07 as compared to the previous trading day's close of $38.69. CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing, leasing products, and other services to small and middle market businesses. CIT Group has a market cap of $7.6 billion and is part of the financial sector. The company has a P/E ratio of -9.7, below the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate CIT Group a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates CIT Group as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and disappointing return on equity. Get the full CIT Group Ratings Report now.