Citigroup Rises On Unusually High Volume (C)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Citigroup (NYSE: C) is trading at unusually high volume Wednesday with 82.5 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $2.17 (+6.3%) at $36.46 as of 4 p.m. ET.

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Citigroup has a market cap of $100.35 billion and is part of the financial sector and banking industry. Shares are up 30.1% year to date as of the close of trading on Tuesday.

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. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Citigroup as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Citigroup Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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