2. As of noon trading, Citigroup ( C) is up $0.34 (0.73) to $47.46 on light volume Thus far, 11.6 million shares of Citigroup exchanged hands as compared to its average daily volume of 31.2 million shares. The stock has ranged in price between $47.00-$47.63 after having opened the day at $47.19 as compared to the previous trading day's close of $47.12.

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 $141.3 billion and is part of the banking industry. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Citigroup Ratings Report now.

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