Dr. Reddy’s Laboratories Ltd. ADR (RDY) At $14.00 Offering A Unique Opportunity

Dr. Reddy’s Laboratories Ltd. ADR (NYSE:RDY) currently has a daily average trading volume of 2.16M but it saw 2094445 shares traded in last market. With a market cap of 11.66B USD, the company’s current market price of $14.00 came rising about 2.34 while comparing to the previous closing price of $13.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.89 and as low as $12.26. In the recent trading on the day, stock has struck highest price mark of $13.855 while lowest mark touched by it was $14.015.

Taking a look at 20-day trading activity of Dr. Reddy’s Laboratories Ltd. ADR (RDY) gives us an average price of $13.23, while its current price level is -17.12% below from 52-week high level whereas it is 14.19% 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 $13.21 while that of 200 days or SMA-200 reads an average of $14.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.60% during that period while stretching the period over a month that increases to 2.25%. 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 62.91 which implies that the stock is in neutral territory.

Over the week, RDY’s stock price is moving 4.17% up while it is 4.09% when we observe its performance for the past one month. Year-to-date it is -11.34% down and over the past year, the stock is showing a downside performance of -2.98%.

The company is expected to be releasing its next quarterly report on 2025-Jan-22, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 70.93. In next quarter, company is expected to be making quarterly sales of $88.62B as analysts are expecting the sales for current fiscal year at $323.36B and seeing the company making $352.53B in sales next year. Moreover, analysts are in estimates of $83.7B for current-quarter revenue.

Currently, Dr. Reddy’s Laboratories Ltd. ADR’s total number of outstanding shares is 834.42M with 0.00% of that held by the insiders while 14.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.88% and return on equity (ROE) at 18.51%. It has a price to earnings ratio (P/E ratio) of 18.21 while having a 17.43 of forward P/E ratio. Stock’s beta reads 0.31. Stock has a price to book (P/B) ratio of 3.15 while price to sale or P/S ratio amounts to 3.14. Its return on asset (ROA) is 12.70% on average.