Ideas And Forecasts On HSBC Holdings plc ADR (NYSE: HSBC)

HSBC Holdings plc ADR (NYSE:HSBC) currently has a daily average trading volume of 2.09M but it saw 3604739 shares traded in last market. With a market cap of 219.29B USD, the company’s current market price of $61.58 came rising about 1.90 while comparing to the previous closing price of $60.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.88 and as low as $36.08.

Taking a look at 20-day trading activity of HSBC Holdings plc ADR (HSBC) gives us an average price of $56.51, while its current price level is -0.48% below from 52-week high level whereas it is 70.70% 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 $52.72 while that of 200 days or SMA-200 reads an average of $46.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.39% during that period while stretching the period over a month that decreases to 1.35%. 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 84.44 which implies that the stock is in overbought territory.

Over the week, HSBC’s stock price is moving 5.73% up while it is 20.04% when we observe its performance for the past one month. Year-to-date it is 24.50% up and over the past year, the stock is showing an upside performance of 61.72%.

The company is expected to be releasing its next quarterly report in April, 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 $16.5B as analysts are expecting the sales for current fiscal year at $66.18B and seeing the company making $67.43B in sales next year. Moreover, analysts are in estimates of $16.6B for current-quarter revenue.

Currently, HSBC Holdings plc ADR’s total number of outstanding shares is 3.59B with 0.01% of that held by the insiders while 1.64% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.99% and return on equity (ROE) at 13.74%. It has a price to earnings ratio (P/E ratio) of 10.00 while having a 8.94 of forward P/E ratio. Stock’s beta reads 0.37. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 1.51. Its return on asset (ROA) is 0.76% on average.