Ideas And Forecasts On ICICI Bank Ltd. ADR (NYSE: IBN)

ICICI Bank Ltd. ADR (NYSE:IBN) currently has a daily average trading volume of 4.99M but it saw 4603071 shares traded in last market. With a market cap of 101.32B USD, the company’s current market price of $28.79 came falling about -1.10 while comparing to the previous closing price of $29.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.66 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 $29.11, while its current price level is -2.93% below from 52-week high level whereas it is 31.52% 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 $28.03 while that of 200 days or SMA-200 reads an average of $25.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.94% during that period while stretching the period over a month that increases to 0.97%. 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 51.05 which implies that the stock is in neutral territory.

Over the week, IBN’s stock price is moving 1.73% up while it is 0.38% when we observe its performance for the past one month. Year-to-date it is 20.76% up and over the past year, the stock is showing an upside performance of 17.51%.

Currently, ICICI Bank Ltd. ADR’s total number of outstanding shares is 3.52B. Company’s return on investment (ROI) stands at 9.50% and return on equity (ROE) at 18.10%. It has a price to earnings ratio (P/E ratio) of 18.87 while having a 16.60 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 3.10 while price to sale or P/S ratio amounts to 3.35. Its return on asset (ROA) is 2.03% on average.