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

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

Credit Suisse Group Stock Performance

Shares of CS remained flat at $0.89 during mid-day trading on Wednesday. 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 business has a 50-day moving average price of $0.89 and a two-hundred day moving average price of $0.89. Credit Suisse Group has a one year low of $0.82 and a one year high of $6.36. The stock has a market cap of $2.77 billion, a PE 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.