CIT Group is among the world’s largest Specialized Finance sector businesses in the world. CIT Group’s employees generate $1.017B in profits on $3.783B of revenue. Global output in the Specialized Finance business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but CIT Group is determined to remain a market leader. Sectoral leadership in the Specialized Finance segment takes dedication and consistency, but management seeks out-sized growth.
CIT Group’s ticker symbol CIT has recently been trading near $55.64 a share. The CIT Group corporate headquarters in New York, NY predicts Specialized Finance profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $10.671B ensures sufficient liquidity. With a beta of 1.70, the company is more volatile than the market as a whole. When the average equity moves higher, CIT Group moves more aggressively.
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