3. As of noon trading, CIT Group ( CIT) is down $0.35 (-0.9%) to $36.45 on light volume Thus far, 224,711 shares of CIT Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $36.38-$37.01 after having opened the day at $36.84 as compared to the previous trading day's close of $36.80.

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 $7.4 billion and is part of the financial sector. The company has a P/E ratio of -9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 6.3% 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.

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade

If you liked this article you might like

S&P Dow Jones Indices Launching New Real Estate Sector

UDR (UDR) Highlighted As Strong And Under The Radar Stock Of The Day

UDR (UDR) Roof Leaking Today

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: VGI, PDT, UDR

Eyes On UDR (UDR): Highlighted Storm The Castle Stock