HDFC Bank Ltd. ADR (NYSE: HDB) Emerges As Guiding Light For Investors

HDFC Bank Ltd. ADR (NYSE:HDB) currently has a daily average trading volume of 3.63M but it saw 2418203 shares traded in last market. With a market cap of 145.30B USD, the company’s current market price of $57.38 came rising about 0.99 while comparing to the previous closing price of $56.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $71.39 and as low as $52.16.

Taking a look at 20-day trading activity of HDFC Bank Ltd. ADR (HDB) gives us an average price of $56.88, while its current price level is -19.62% below from 52-week high level whereas it is 10.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $55.56 while that of 200 days or SMA-200 reads an average of $60.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.74% during that period while stretching the period over a month that increases to 1.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.84 which implies that the stock is in neutral territory.

Over the week, HDB’s stock price is moving -1.03% down while it is 3.48% when we observe its performance for the past one month. Year-to-date it is -14.50% down and over the past year, the stock is showing a downside performance of -16.76%.

Currently, HDFC Bank Ltd. ADR’s total number of outstanding shares is 2.53B. Company’s return on investment (ROI) stands at 4.80% and return on equity (ROE) at 16.00%. It has a price to earnings ratio (P/E ratio) of 17.70 while having a 16.74 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 2.76 while price to sale or P/S ratio amounts to 3.53. Its return on asset (ROA) is 1.80% on average.