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

StockNews.com started 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 Price Performance

Shares of NYSE:CS opened at $0.89 on Thursday. Credit Suisse Group has a fifty-two week low of $0.82 and a fifty-two week high of $6.36. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 2.79. The firm’s 50-day simple moving average is $0.89 and its 200-day simple moving average is $0.89. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 1.37 and a beta of 1.27.

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.