DALLAS, Feb. 15, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Citigroup Inc. (NYSE:C). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Citigroup (C) is a global financial services company with approximately 200 million customer accounts in more than 140 countries. Through Citicorp and Citi Holdings, Citigroup provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
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In the report, the analyst notes:
"Shares of Citigroup moved up $0.03, or 0.61%, to close Monday at $4.91. Approximately 352 million shares traded hands for the day, versus an average day of 482.96 million shares. The stock remains above its 50-day moving average of $4.86 and its 200-day moving average of $4.31. Market capitalization currently stands at $142.64 billion and it has 29.05 billion outstanding shares.
"Citigroup reported fourth-quarter 2010 net income of $1.3 billion, or $0.04 per diluted share, compared to a net loss of $7.6 billion, or $0.33 per diluted share, in the fourth quarter 2009. Citigroup net income for full year 2010 was $10.6 billion, or $0.35 per diluted share, compared to a net loss of $1.6 billion, or $0.80 per share, in the full year 2009."
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