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

StockNews.com assumed coverage on shares of Credit Suisse Group (NYSE:CS) in a report released on Thursday. The brokerage issued a hold rating on the financial services provider’s stock.

Credit Suisse Group Stock Up 1.0 %

Shares of CS stock opened at $0.89 on Thursday. The stock’s 50 day simple moving average is $0.89 and its 200 day simple moving average is $0.89. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.53 and a current ratio of 1.53. Credit Suisse Group has a twelve month low of $0.82 and a twelve month high of $6.36. The company has a market capitalization of $2.76 billion, a price-to-earnings 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.