Equipment Leasing News: CIT Group Stock Hits New 52-Week Low (NYSE:CIT)
VANCOUVER, BC (August 5, 2011) Dominion Lending Centres Clearlease Reports CIT Group (NYSE:CIT) hit a new 52-week low Thursday August 4, 2011 at $35.80, below its previous 52-week low of $35.83 with 2.5 million shares traded as of four p.m. ET. Average volume has been 1.6 million shares over the past 30 days.
CIT Group has a market cap of $7.5 billion and is part of the financial sector and banking industry. Shares are down 19.3% year to date as of the close of trading on Wednesday.