Daily Stock Analysis, CIT, CIT Group Inc, priceseries

CIT Group Inc. Daily Stock Analysis
Stock Information
Open
49.18
Close
49.20
High
49.67
Low
49.03
Previous Close
49.20
Daily Price Gain
0.00
YTD High
50.24
YTD High Date
Jul 3, 2017
YTD Low
39.08
YTD Low Date
Mar 22, 2017
YTD Price Change
6.96
YTD Gain
16.49%
52 Week High
50.24
52 Week High Date
Jul 3, 2017
52 Week Low
34.52
52 Week Low Date
Nov 2, 2016
52 Week Price Change
13.75
52 Week Gain
38.78%
Recent priceSeries Trade Signals

These are sample algorithmic trades based on actual market data.

Trade Type
Entry Date
Entry Price
Exit Date
Exit Price
Trade Hold Time
Gain
Trade Record
LONG
Jul 7. 2016
30.86
Jul 26. 2016
33.66
13 Trading Days
9.08%
Link
LONG
Nov 9. 2016
37.14
Nov 28. 2016
39.79
12 Trading Days
7.15%
Link
LONG
Nov 30. 2016
40.29
Dec 28. 2016
42.80
19 Trading Days
6.23%
Link
LONG
Apr 24. 2017
43.85
May 17. 2017
46.41
17 Trading Days
5.84%
Link
Company Information
Stock Symbol
CIT
Exchange
NYSE
Company URL
http://www.cit.com
Company Phone
9737405000
CEO
Ellen Rose Alemany
Headquarters
New Jersey
Business Address
1 CIT DRIVE, LIVINGSTON, NJ 07039
Sector
Equity
Industry Category
Financial Services
Industry Group
Credit Services
CIK
0001171825
About

CIT Group, Inc. is a financial holding company, which provides financing, leasing and advisory services. It operates through the following segments: Transportation and International Finance; North America Banking; Legacy Consumer Mortgages; Non-Strategic Portfolios; and Corporate and Other. The Transportation and International Finance segment provides leasing and financing solution to operators and suppliers in the aviation and railcar industries. The North America Banking segment consists of the following divisions: Commercial Banking, Commercial Real Estate, Commercial Services, Equipment Finance, and Consumer Banking. The Legacy Consumer Mortgages segment includes portfolios of mortgage loans and reverse mortgage loans. The Non-Strategic Portfolio segment involves in portfolios that no longer considered strategic. The Corporate and Other segment offers investments and other unallocated items, such as certain amortization of intangible assets. The company was founded by Henry Ittelson in 1908 and is headquartered in New York, NY.

Description

CIT Group Inc. operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking, Consumer Banking, Non-Strategic Portfolios (NSP), and Corporate and Other segments. The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring and secured financing services, as well as receivables management products to the retail supply chain; and equipment leasing and secured financing to the rail industry. The Consumer Banking segment provides mortgage loans, deposits, and private banking and fiduciary services. It accepts deposits, including checking and savings accounts, money market accounts, and certificates of deposit; and offers residential mortgage and small business administration loans, as well as reverse mortgages. The NSP segment provides equipment financing, secured lending, and leasing and advisory services to small and middle-market businesses. The Corporate and Other segment offers investments and other unallocated items, such as amortization of intangible assets. The company also offers acquisition and expansion financing, enterprise value and cash flow loans, import and export financing, and letters of credit/trade acceptances; and account receivables collection, asset management, credit protection, cash management and payment, debt restructuring, debt underwriting and syndication, financial risk management, insurance, merger and acquisition advisory, and online banking services. It offers its services through 70 branches located in southern California, as well as through other offices worldwide. CIT Group Inc. was founded in 1908 and is based in Livingston, New Jersey.