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

HSBC Holdings plc ADR (NYSE:HSBC) currently has a daily average trading volume of 3.01M but it saw 2939486 shares traded in last market. With a market cap of 197.97B USD, the company’s current market price of $56.01 came rising about 3.70 while comparing to the previous closing price of $54.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.88 and as low as $39.42. In the recent trading on the day, stock has struck highest price mark of $55.86 while lowest mark touched by it was $56.55.

Taking a look at 20-day trading activity of HSBC Holdings plc ADR (HSBC) gives us an average price of $53.14, while its current price level is -9.49% below from 52-week high level whereas it is 42.10% 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 $55.71 while that of 200 days or SMA-200 reads an average of $48.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.58% during that period while stretching the period over a month that increases to 2.49%. 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 57.65 which implies that the stock is in neutral territory.

Over the week, HSBC’s stock price is moving 7.32% up while it is -3.40% when we observe its performance for the past one month. Year-to-date it is 13.24% up and over the past year, the stock is showing an upside performance of 41.50%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $16.46B for current-quarter revenue.

Currently, HSBC Holdings plc ADR’s total number of outstanding shares is 3.59B with 0.00% of that held by the insiders while 1.60% 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 9.09 while having a 8.02 of forward P/E ratio. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is 0.76% on average.