Investors Should Take Note Of HSBC Holdings plc ADR (HSBC)

HSBC Holdings plc ADR (HSBC) concluded trading on Wednesday at a closing price of $58.24, with 7.06 million shares of worth about $410.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.42% during that period and on Wednesday the price saw a gain of about 0.81%. Currently the company’s common shares owned by public are about 3.59B shares, out of which, 3.56B shares are available for trading.

Stock saw a price change of 2.25% in past 5 days and over the past one month there was a price change of 11.79%. Year-to-date (YTD), HSBC shares are showing a performance of 17.75% which increased to 56.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.08 but also hit the highest price of $57.82 during that period. The average intraday trading volume for HSBC Holdings plc ADR shares is 1.38 million. The stock is currently trading 6.84% above its 20-day simple moving average (SMA20), while that difference is up 12.96% for SMA50 and it goes to 26.21% higher than SMA200.

HSBC Holdings plc ADR (NYSE: HSBC) currently have 3.59B outstanding shares and institutions hold larger chunk of about 1.52% of that.

The stock has a current market capitalization of $207.56B and its 3Y-monthly beta is at 0.50. PE ratio of stock for trailing 12 months is 9.46, while it has posted earnings per share of $6.16 in the same period. Its PEG reads 2.04 while making debt-to-equity ratio of 2.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HSBC, volatility over the week remained 1.27% while standing at 1.05% over the month.

Stock’s fiscal year EPS is expected to drop by -1.70% while it is estimated to increase by 6.59% in next year. EPS is likely to shrink at an annualized rate of 4.63% for next 5-years, compared to annual growth of 33.35% made by the stock over the past 5-years.

Stock get a Sell rating from Societe Generale on October 17, 2023.

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