Look For Institutional Buying In ICICI Bank Ltd. ADR (NYSE: IBN)

ICICI Bank Ltd. ADR (IBN) concluded trading on Thursday at a closing price of $28.80, with 2.88 million shares of worth about $83.08 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.71% during that period and on January 16, 2025 the price saw a gain of about 0.42%. Currently the company’s common shares owned by public are about 3.53B shares, out of which, 3.53B shares are available for trading.

Stock saw a price change of -1.47% in past 5 days and over the past one month there was a price change of -7.72%. Year-to-date (YTD), IBN shares are showing a performance of -3.55% which increased to 21.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.16 but also hit the highest price of $32.14 during that period. The average intraday trading volume for ICICI Bank Ltd. ADR shares is 4.34 million. The stock is currently trading -3.01% below its 20-day simple moving average (SMA20), while that difference is down -4.66% for SMA50 and it goes to 0.22% higher than SMA200.

ICICI Bank Ltd. ADR (NYSE: IBN) currently have 3.53B outstanding shares and institutions hold larger chunk of about 18.47% of that.

The stock has a current market capitalization of $101.66B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 18.15, while it has posted earnings per share of $1.59 in the same period. Its PEG reads 1.65 while making debt-to-equity ratio of 0.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IBN, volatility over the week remained 0.93% while standing at 0.96% over the month.

Stock’s fiscal year EPS is expected to rise by 10.32% while it is estimated to increase by 10.91% in next year. EPS is likely to shrink at an annualized rate of 11.00% for next 5-years, compared to annual growth of 74.44% made by the stock over the past 5-years.

Stock get a Hold rating from Jefferies on March 06, 2017.

Most Popular

Related Posts