Credit Suisse Group (NYSE:CS) Now Covered by StockNews.com

StockNews.com began coverage on shares of Credit Suisse Group (NYSE:CS) in a report issued on Sunday morning. The firm issued a hold rating on the financial services provider’s stock.

Credit Suisse Group Price Performance

NYSE CS opened at $0.89 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 2.79. Credit Suisse Group has a 12 month low of $0.82 and a 12 month high of $6.36. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 1.37 and a beta of 1.27. The company’s 50 day moving average is $0.89 and its two-hundred day moving average is $0.89.

Institutional Trading of Credit Suisse Group

Several institutional investors have recently made changes to their positions in the business. Apollon Wealth Management LLC purchased a new position in Credit Suisse Group in the 1st quarter worth approximately $27,000. Credit Suisse AG purchased a new position in shares of Credit Suisse Group in the second quarter worth $28,000. Commonwealth Equity Services LLC bought a new position in shares of Credit Suisse Group during the first quarter worth $30,000. Franklin Resources Inc. purchased a new position in Credit Suisse Group during the fourth quarter valued at $32,000. Finally, GSA Capital Partners LLP bought a new stake in Credit Suisse Group in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 11.20% of the company’s stock.

Credit Suisse Group Company Profile

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas.