Stock price performance of CIT Group Inc (DEL) is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 11.28% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 19.49% . Looking at the past 52 week period, the stock price is up at 51.18% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CIT Group Inc (DEL) has a positive value of 37.54 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 1.1% and the 50-Day Moving Average is 0.08%.The 200 Day SMA reached 16.76%
CIT Group Inc. is having a Relative Strength Index of 54.01 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of CIT Group Inc (DEL) (NYSE:CIT) rallied by 1.28% during the past week but lost 1.56% on a 4-week basis. The company has outperformed the S&P 500 by 1.16% in the past week but underperformed the index by 2.44% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, John R Ryan (director) sold 3,769 shares at 39.89 per share price.On Feb 12, 2016, Steven T Mnuchin (Vice Chairman) purchased 80,000 shares at 25.64 per share price.On Feb 4, 2016, John A Thain (CEO) purchased 50,000 shares at 27.31 per share price.
CIT Group Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.59 EPS for the quarter, missing the analyst consensus estimate by $ -0.17. Analyst had a consensus of $0.76.Analysts expectations of $ 620.85.During the same quarter in the previous year, the company posted $0.75 EPS.
CIT Group Inc (DEL) (NYSE:CIT) : On Friday heightened volatility was witnessed in CIT Group Inc (DEL) (NYSE:CIT) which led to swings in the share price. The stock opened for trading at $41.6 and hit $42.86 on the upside , eventually ending the session at $42.8, with a gain of 4.31% or 1.77 points. The heightened volatility saw the trading volume jump to 3,061,749 shares. The 52-week high of the share price is $43.99 and the company has a market cap of $8,649 million. The 52-week low of the share price is at $25.185 .
CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Covering a wide variety of industries, the Company offers vendor, equipment, commercial, and structured financing products, as well as factoring and management advisory services. CIT operates CIT Bank, a full service Utah state bank, which is regulated by the Utah Department of Financial Institutions and the FDIC. CIT Group operates primarily in North America, with locations in Europe, Latin America, Australia and the Asia-Pacific region. The Company is headquartered in New York City.