ICICI Bank Ltd. ADR (NYSE: IBN) Increases 3.24% Over A Month, But Analysts Still See Upside Potential

money audit

ICICI Bank Ltd. ADR (NYSE:IBN) currently has a daily average trading volume of 5.55M but it saw 4444009 shares traded in last market. With a market cap of 109.10B USD, the company’s current market price of $30.92 came falling about -0.87 while comparing to the previous closing price of $31.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.14 and as low as $23.16. In the recent trading on the day, stock has struck highest price mark of $30.915 while lowest mark touched by it was $31.28.

Taking a look at 20-day trading activity of ICICI Bank Ltd. ADR (IBN) gives us an average price of $30.61, while its current price level is -3.80% below from 52-week high level whereas it is 33.53% 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 $30.14 while that of 200 days or SMA-200 reads an average of $28.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.14% during that period while stretching the period over a month that increases to 1.17%. 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 53.69 which implies that the stock is in neutral territory.

Over the week, IBN’s stock price is moving -3.07% down while it is 3.24% when we observe its performance for the past one month. Year-to-date it is 29.70% up and over the past year, the stock is showing an upside performance of 26.41%.

Currently, ICICI Bank Ltd. ADR’s total number of outstanding shares is 3.53B. Company’s return on investment (ROI) stands at 9.52% and return on equity (ROE) at 18.52%. It has a price to earnings ratio (P/E ratio) of 19.49 while having a 18.03 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 3.26 while price to sale or P/S ratio amounts to 3.41. Its return on asset (ROA) is 2.04% on average.