With 3.85B Outstanding Shares, Can HSBC Holdings plc ADR (NYSE: HSBC) Deliver Big Short-Term Gains?

HSBC Holdings plc ADR (NYSE:HSBC) currently has a daily average trading volume of 1.43M but it saw 1496310 shares traded in last market. With a market cap of 167.95B USD, the company’s current market price of $46.23 came falling about -0.45 while comparing to the previous closing price of $46.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.26 and as low as $34.48. In the recent trading on the day, stock has struck highest price mark of $46.19 while lowest mark touched by it was $46.72.

Taking a look at 20-day trading activity of HSBC Holdings plc ADR (HSBC) gives us an average price of $44.72, while its current price level is -2.19% below from 52-week high level whereas it is 34.06% 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 $44.34 while that of 200 days or SMA-200 reads an average of $42.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.35% during that period while stretching the period over a month that decreases to 0.98%. 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 62.59 which implies that the stock is in neutral territory.

Over the week, HSBC’s stock price is moving 4.64% up while it is 3.68% when we observe its performance for the past one month. Year-to-date it is 16.74% up and over the past year, the stock is showing an upside performance of 31.38%.

Currently, HSBC Holdings plc ADR’s total number of outstanding shares is 3.85B. Company’s return on investment (ROI) stands at 5.85% and return on equity (ROE) at 12.02%. It has a price to earnings ratio (P/E ratio) of 7.62 while having a 7.37 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 1.10. Its return on asset (ROA) is 0.74% on average.