ICICI Bank Ltd. ADR (NYSE: IBN) Now $21.89 Higher From Its Low (8.55), Does It Still Have A Growth Story?

ICICI Bank Ltd. ADR (NYSE:IBN) currently has a daily average trading volume of 5.28M but it saw 4404513 shares traded in last market. With a market cap of 107.21B USD, the company’s current market price of $30.44 came rising about 1.67 while comparing to the previous closing price of $29.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.11 and as low as $21.89. In the recent trading on the day, stock has struck highest price mark of $30.275 while lowest mark touched by it was $30.56.

Taking a look at 20-day trading activity of ICICI Bank Ltd. ADR (IBN) gives us an average price of $29.18, while its current price level is 1.10% below from 52-week high level whereas it is 39.06% 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 $28.82 while that of 200 days or SMA-200 reads an average of $26.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.72% 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 69.65 which implies that the stock is in neutral territory.

Over the week, IBN’s stock price is moving 4.28% up while it is 8.64% when we observe its performance for the past one month. Year-to-date it is 27.68% up and over the past year, the stock is showing an upside performance of 27.42%.

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 19.96 while having a 17.63 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 3.55. Its return on asset (ROA) is 2.03% on average.