A Few Bright Spots In ICICI Bank Ltd. ADR (NYSE: IBN)

ICICI Bank Ltd. ADR (NYSE:IBN) currently has a daily average trading volume of 4.00M but it saw 5021973 shares traded in last market. With a market cap of 101.68B USD, the company’s current market price of $28.79 came rising about 0.95 while comparing to the previous closing price of $28.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.14 and as low as $25.12. In the recent trading on the day, stock has struck highest price mark of $28.465 while lowest mark touched by it was $28.87.

Taking a look at 20-day trading activity of ICICI Bank Ltd. ADR (IBN) gives us an average price of $28.31, while its current price level is -10.42% below from 52-week high level whereas it is 14.59% 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 $28.63 while that of 200 days or SMA-200 reads an average of $29.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.52% during that period while stretching the period over a month that decreases to 1.24%. 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 56.02 which implies that the stock is in neutral territory.

Over the week, IBN’s stock price is moving 2.42% up while it is 0.91% when we observe its performance for the past one month. Year-to-date it is -3.58% down and over the past year, the stock is showing an upside performance of 9.97%.

The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 0.37 while estimate for next year EPS is 1.49. Moreover, analysts are in estimates of $280.01B for current-quarter revenue.

Currently, ICICI Bank Ltd. ADR’s total number of outstanding shares is 3.53B with 0.18% of that held by the insiders while 18.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.87% and return on equity (ROE) at 18.52%. It has a price to earnings ratio (P/E ratio) of 17.94 while having a 17.42 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 2.97 while price to sale or P/S ratio amounts to 3.02. Its return on asset (ROA) is 2.10% on average.