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

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

Credit Suisse Group Stock Performance

CS stock opened at $0.89 on Friday. Credit Suisse Group has a twelve month low of $0.82 and a twelve month 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 company has a market cap of $2.77 billion, a P/E ratio of 1.37 and a beta of 1.27. The business’s fifty day moving average is $0.89 and its 200-day moving average is $0.89.

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.