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

StockNews.com started coverage on shares of Credit Suisse Group (NYSE:CS) in a research note issued to investors on Sunday. The firm 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 Friday. The company’s fifty day moving average is $0.89 and its 200-day moving average is $0.89. The company has a market capitalization of $2.77 billion, a PE ratio of 1.37 and a beta of 1.27. 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 52 week low of $0.82 and a 52 week high of $6.36.

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.