HDFC Bank Ltd. ADR (HDB) Down -8.20% From Its 52-Week High, But Growth Potential Is Changing Over Time

HDFC Bank Ltd. ADR (NYSE:HDB) currently has a daily average trading volume of 2.44M but it saw 1483469 shares traded in last market. With a market cap of 157.47B USD, the company’s current market price of $61.91 came rising about 0.86 while comparing to the previous closing price of $61.38. 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 $61.35 while lowest mark touched by it was $62.41.

Taking a look at 20-day trading activity of HDFC Bank Ltd. ADR (HDB) gives us an average price of $63.40, while its current price level is -8.20% below from 52-week high level whereas it is 18.69% 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 $62.83 while that of 200 days or SMA-200 reads an average of $59.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.41% during that period while stretching the period over a month that decreases to 1.38%. 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 44.86 which implies that the stock is in neutral territory.

Over the week, HDB’s stock price is moving -2.89% down while it is -0.61% when we observe its performance for the past one month. Year-to-date it is -7.75% down and over the past year, the stock is showing an upside performance of 5.47%.

Currently, HDFC Bank Ltd. ADR’s total number of outstanding shares is 2.54B. Company’s return on investment (ROI) stands at 6.06% and return on equity (ROE) at 15.37%. It has a price to earnings ratio (P/E ratio) of 18.98 while having a 17.08 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 2.74 while price to sale or P/S ratio amounts to 2.75. Its return on asset (ROA) is 1.75% on average.