HSBC Holdings plc ADR (NYSE: HSBC) – Time For Strategy Change?

HSBC Holdings plc ADR (NYSE:HSBC) currently has a daily average trading volume of 1.14M but it saw 1170427 shares traded in last market. With a market cap of 181.98B USD, the company’s current market price of $50.91 came falling about -1.13 while comparing to the previous closing price of $51.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $51.60 and as low as $36.08. In the recent trading on the day, stock has struck highest price mark of $50.905 while lowest mark touched by it was $51.27.

Taking a look at 20-day trading activity of HSBC Holdings plc ADR (HSBC) gives us an average price of $49.53, while its current price level is -1.34% below from 52-week high level whereas it is 41.12% 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 $47.97 while that of 200 days or SMA-200 reads an average of $44.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.05% during that period while stretching the period over a month that increases to 1.05%. 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 65.69 which implies that the stock is in neutral territory.

Over the week, HSBC’s stock price is moving 3.16% up while it is 6.22% when we observe its performance for the past one month. Year-to-date it is 2.93% up and over the past year, the stock is showing an upside performance of 37.18%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $16.67B as analysts are expecting the sales for current fiscal year at $66.65B and seeing the company making $65.63B in sales next year. Moreover, analysts are in estimates of $13.67B for current-quarter revenue.

Currently, HSBC Holdings plc ADR’s total number of outstanding shares is 3.65B with 0.00% of that held by the insiders while 1.68% of its common stock has been owned by the institutions. 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 8.39 while having a 8.11 of forward P/E ratio. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 1.20. Its return on asset (ROA) is 0.74% on average.