Ideas And Forecasts On HDFC Bank Ltd. ADR (NYSE: HDB)

money audit

HDFC Bank Ltd. ADR (NYSE:HDB) currently has a daily average trading volume of 2.61M but it saw 5330961 shares traded in last market. With a market cap of 171.97B USD, the company’s current market price of $67.50 came rising about 1.28 while comparing to the previous closing price of $66.65. 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 $66.87 while lowest mark touched by it was $67.76.

Taking a look at 20-day trading activity of HDFC Bank Ltd. ADR (HDB) gives us an average price of $63.75, while its current price level is 0.09% below from 52-week high level whereas it is 29.41% 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 $63.26 while that of 200 days or SMA-200 reads an average of $59.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.60% during that period while stretching the period over a month that decreases to 1.33%. 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 68.53 which implies that the stock is in neutral territory.

Over the week, HDB’s stock price is moving 6.60% up while it is 4.44% when we observe its performance for the past one month. Year-to-date it is 0.58% up and over the past year, the stock is showing an upside performance of 13.73%.

Currently, HDFC Bank Ltd. ADR’s total number of outstanding shares is 2.55B. 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 20.69 while having a 18.65 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 2.99 while price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 1.75% on average.