Credit Suisse Group (NYSE:CS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Credit Suisse Group (NYSE:CS) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

Credit Suisse Group Price Performance

CS stock opened at $0.89 on Wednesday. Credit Suisse Group has a 1-year low of $0.82 and a 1-year high of $6.36. The business has a fifty day moving average price of $0.89 and a 200-day moving average price of $0.89. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $2.77 billion, a P/E ratio of 1.37 and a beta of 1.27.

About Credit Suisse Group

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.