ICICI Bank Ltd. ADR (NYSE: IBN) on Tuesday, plunged -0.58% from the previous trading day, before settling in for the closing price of $31.19. Within the past 52 weeks, IBN’s price has moved between $22.07 and $31.60.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 9.09%. The company achieved an average annual earnings per share of 11.00%. With a float of $3.53 billion, this company’s outstanding shares have now reached $3.53 billion.
In terms of profitability, gross margin is 109.89%, operating margin of 21.74%, and the pretax margin is 29.89%.
ICICI Bank Ltd. ADR (IBN) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of ICICI Bank Ltd. ADR is 0.00%, while institutional ownership is 18.45%.
ICICI Bank Ltd. ADR (IBN) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.35 earnings per share (EPS) for the period topping the consensus outlook (set at 0.33) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.83% during the next five years compared to 74.44% growth over the previous five years of trading.
ICICI Bank Ltd. ADR (NYSE: IBN) Trading Performance Indicators
ICICI Bank Ltd. ADR (IBN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.59, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.72 in one year’s time.
Technical Analysis of ICICI Bank Ltd. ADR (IBN)
The latest stats from [ICICI Bank Ltd. ADR, IBN] show that its last 5-days average volume of 5.38 million was inferior to 5.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.49%. Additionally, its Average True Range was 0.48.
During the past 100 days, ICICI Bank Ltd. ADR’s (IBN) raw stochastic average was set at 86.41%, which indicates a significant increase from 83.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.53% in the past 14 days, which was higher than the 20.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.07, while its 200-day Moving Average is $28.00. Now, the first resistance to watch is $31.10. This is followed by the second major resistance level at $31.19. The third major resistance level sits at $31.29. If the price goes on to break the first support level at $30.92, it is likely to go to the next support level at $30.82. Assuming the price breaks the second support level, the third support level stands at $30.73.
ICICI Bank Ltd. ADR (NYSE: IBN) Key Stats
Market capitalization of the company is 109.40 billion based on 3,527,131K outstanding shares. Right now, sales total 28,561 M and income totals 5,355 M. The company made 8,680 M in profit during its latest quarter, and 1,541 M in sales during its previous quarter.
