ICICI Bank Ltd. ADR (NYSE:IBN) does about 5.38M shares in volume on a normal day but saw 1625038 shares change hands in the recent trading day. The company now has a market cap of 98.65B USD. Its current market price is $28.02, marking a decrease of -0.60% compared to the previous close of $28.19. The 52 week high reached by this stock is $29.66 whilst the lowest price level in 52 weeks is $21.89.
ICICI Bank Ltd. ADR (IBN) has a 20-day trading average at $28.26 and the current price is -5.53% off the 52-week high compared with 28.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $28.29 and its 200-day simple moving average is $25.84. If we look at the stock’s price movements over the week, volatility stands at 0.66%, which increases to 1.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.32 to suggest the stock is neutral.
The consensus objective for the share price is $33.17, suggesting that the stock has a potential upside of 15.53% over the period.
ICICI Bank Ltd. ADR (IBN) stock is up 0.94% over the week and -4.53% over the past month. Its price is 17.53% year-to-date and 22.52% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.35 and 1.48 for whole year. Expected sales for next quarter are $nan, which analysts say will come at $13.05B for the current fiscal year and next year at $15.12B. In addition, estimates put the company’s current quarterly revenue at an average of $nan.
To reach the target analysts have set, the stock logically needs to grow 15.53 percent from here.
Outstanding shares total 3.52B with insiders holding 0.19% of the shares and institutional holders owning 19.87% of the company’s common stock. The company has a return on investment of 9.50% and return on equity of 18.10%. The price to earnings ratio (P/E ratio) amounts to 18.37 while the forward price to earnings ratio is 16.25. The beta has a value of 1.04. Price to book ratio is 3.01 and price to sales ratio is 3.26.
