HDFC Bank Ltd. ADR (NYSE: HDB): Retirees Don’t Worry About Volatility

HDFC Bank Ltd. ADR (NYSE:HDB) currently has a daily average trading volume of 2.88M but it saw 2072019 shares traded in last market. With a market cap of 154.47B USD, the company’s current market price of $60.73 came rising about 1.27 while comparing to the previous closing price of $59.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $67.44 and as low as $52.16. In the recent trading on the day, stock has struck highest price mark of $60.61 while lowest mark touched by it was $61.0.

Taking a look at 20-day trading activity of HDFC Bank Ltd. ADR (HDB) gives us an average price of $63.00, while its current price level is -9.95% below from 52-week high level whereas it is 16.43% 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 $61.45 while that of 200 days or SMA-200 reads an average of $59.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.17% during that period while stretching the period over a month that increases to 1.25%. 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 43.28 which implies that the stock is in neutral territory.

Over the week, HDB’s stock price is moving 0.73% up while it is -0.75% when we observe its performance for the past one month. Year-to-date it is -9.51% down and over the past year, the stock is showing an upside performance of 2.90%.

Currently, HDFC Bank Ltd. ADR’s total number of outstanding shares is 2.54B. Company’s return on investment (ROI) stands at 5.95% and return on equity (ROE) at 17.44%. It has a price to earnings ratio (P/E ratio) of 18.80 while having a 16.30 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 2.70 while price to sale or P/S ratio amounts to 2.77. Its return on asset (ROA) is 2.07% on average.