StockNews.com Initiates Coverage on Credit Suisse Group (NYSE:CS)

Stock analysts at StockNews.com initiated coverage on shares of Credit Suisse Group (NYSE:CS) in a research report issued on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Credit Suisse Group Stock Performance

Shares of CS opened at $0.89 on Friday. The company has a market cap of $2.77 billion, a PE ratio of 1.37 and a beta of 1.27. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 2.79. The stock has a 50-day moving average price of $0.89 and a 200-day moving average price of $0.89. Credit Suisse Group has a 12-month low of $0.82 and a 12-month high of $6.36.

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.