Dec 20, 2011 (NVestorz.com) - With a high of $26.07 during trading on Monday, shares of Citigroup, Inc. (NYSE:C) traded 2.24% and more below resistance set at $26.667 by the stock's 50-day moving average (MA). Shares of Citigroup, Inc. reached a low of $24.40 during the day before closing at $24.82. The MACD(26), having crossed below the EMA(MACD)(12) on Thursday of last week continues to decline and to diverge away from the signal line.

Share price for Citigroup, Inc., as with so many other fine companies, has been in a continual declining trend for nearly a year. Today, shares of Citigroup, Inc. are undervalued by 59% from the corporation's reported Book Value Per Share of $60.5366. Book Value Per Share is the value of a single share of stock in the company according to the reported Book Value, and was calculated for this report by dividing the company's Price Per Share (PPS) of $24.82 by the P/B Ratio of 0.41.

Other indicators that Citigroup, Inc. shares are grossly undervalued are that the P/B Ratio is low (0.41), the P/S Ratio is low (0.98), and the company has a high P/E Ratio (6.74). Return on Equity (ROE) for the company is reported as 6.48% which, though it does not fall between the desirable range of 15% to 20%, indicates that the company is able to generate favorable returns for its investors.

Disclosure: Long on C.

Tags: C Citigroup Undervalued

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