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 note released on Monday morning. The firm issued a hold rating on the financial services provider’s stock.

Credit Suisse Group Stock Performance

NYSE:CS opened at $0.89 on Monday. 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 firm has a 50-day moving average of $0.89 and a 200-day moving average of $0.89. The company has a market cap of $2.77 billion, a PE ratio of 1.37 and a beta of 1.27. Credit Suisse Group has a one year low of $0.82 and a one year 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.