ICICI Bank Ltd. ADR (IBN): Uncovering A True Diamond In The Rough

ICICI Bank Ltd. ADR (NYSE:IBN) currently has a daily average trading volume of 4.69M but it saw 3491630 shares traded in last market. With a market cap of 93.07B USD, the company’s current market price of $26.47 came falling about -0.75 while comparing to the previous closing price of $26.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.37 and as low as $21.89.

Taking a look at 20-day trading activity of ICICI Bank Ltd. ADR (IBN) gives us an average price of $26.89, while its current price level is -6.70% below from 52-week high level whereas it is 20.92% 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 $26.59 while that of 200 days or SMA-200 reads an average of $24.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.26% during that period while stretching the period over a month that decreases to 1.15%. 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 47.47 which implies that the stock is in neutral territory.

Over the week, IBN’s stock price is moving -0.64% down while it is -2.40% when we observe its performance for the past one month. Year-to-date it is 11.03% up and over the past year, the stock is showing an upside performance of 15.19%.

Currently, ICICI Bank Ltd. ADR’s total number of outstanding shares is 3.52B. Company’s return on investment (ROI) stands at 9.62% and return on equity (ROE) at 18.82%. It has a price to earnings ratio (P/E ratio) of 17.68 while having a 15.37 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 3.17 while price to sale or P/S ratio amounts to 3.27. Its return on asset (ROA) is 2.05% on average.