Citigroup stock dropped 16% in market sell-off, not a bargain yet for value investors.
From Nasdaq: 2025-03-23 05:30:00
Citigroup’s stock fell about twice as much as the S&P 500 index during a recent sell-off, dropping roughly 20% from its highs. Despite a partial recovery, Citigroup remains down about 16%, compared to the market’s 7.5%. However, the stock’s valuation metrics, including a P/S ratio of 1.7 and a P/E ratio of 12, suggest it may not be a bargain just yet. Past performance indicates Citigroup could fall further, so it may not be a screaming buy for value investors. Consider waiting for a better opportunity before rushing to purchase Citigroup shares.
Read more at Nasdaq: Citigroup Stock Has Lost 16% in the Market Sell-Off. Is It a Buy?
