The Week Ahead: Are Investors Really Too Optimistic About Honda Motor ADR (NYSE: HMC)

Honda Motor ADR (NYSE:HMC) currently has a daily average trading volume of 1.03M but it saw 2214144 shares traded in last market. With a market cap of 36.99B USD, the company’s current market price of $23.70 came falling about -1.41 while comparing to the previous closing price of $24.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.90 and as low as $23.99. In the recent trading on the day, stock has struck highest price mark of $23.4858 while lowest mark touched by it was $23.8379.

Taking a look at 20-day trading activity of Honda Motor ADR (HMC) gives us an average price of $25.71, while its current price level is -37.47% below from 52-week high level whereas it is -1.21% 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 $27.84 while that of 200 days or SMA-200 reads an average of $31.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.18% during that period while stretching the period over a month that decreases to 1.30%. 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 23.81 which implies that the stock is in oversold territory.

Over the week, HMC’s stock price is moving -7.28% down while it is -11.30% when we observe its performance for the past one month. Year-to-date it is -23.33% down and over the past year, the stock is showing a downside performance of -21.50%.

Currently, Honda Motor ADR’s total number of outstanding shares is 1.56B. Company’s return on investment (ROI) stands at 5.00% and return on equity (ROE) at 7.69%. It has a price to earnings ratio (P/E ratio) of 5.85 while having a 5.27 of forward P/E ratio. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is 3.34% on average.