On Tuesday, HDFC Bank Ltd. ADR (NYSE: HDB) opened higher 0.81% from the last session, before settling in for the closing price of $58.06. Price fluctuations for HDB have ranged from $52.16 to $68.50 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 25.70% over the last five years. Company’s average yearly earnings per share was noted 9.30% at the time writing. With a float of $2.55 billion, this company’s outstanding shares have now reached $2.55 billion.
The firm has a total of 213527 workers. Let’s measure their productivity. In terms of profitability, gross margin is 100.0%, operating margin of 35.31%, and the pretax margin is 29.13%.
HDFC Bank Ltd. ADR (HDB) Insider Activity
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of HDFC Bank Ltd. ADR is 0.09%, while institutional ownership is 13.61%.
HDFC Bank Ltd. ADR (HDB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.25% during the next five years compared to 12.89% growth over the previous five years of trading.
HDFC Bank Ltd. ADR (NYSE: HDB) Trading Performance Indicators
Check out the current performance indicators for HDFC Bank Ltd. ADR (HDB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.26, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of HDFC Bank Ltd. ADR (HDB)
Analysing the last 5-days average volume posted by the [HDFC Bank Ltd. ADR, HDB], we can find that recorded value of 3.31 million was better than the volume posted last year of 3.21 million. As of the previous 9 days, the stock’s Stochastic %D was 5.66%. Additionally, its Average True Range was 1.00.
During the past 100 days, HDFC Bank Ltd. ADR’s (HDB) raw stochastic average was set at 7.04%, which indicates a significant decrease from 10.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.26% in the past 14 days, which was lower than the 21.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.26, while its 200-day Moving Average is $61.29. Now, the first resistance to watch is $58.77. This is followed by the second major resistance level at $59.01. The third major resistance level sits at $59.30. If the price goes on to break the first support level at $58.24, it is likely to go to the next support level at $57.95. Should the price break the second support level, the third support level stands at $57.71.
HDFC Bank Ltd. ADR (NYSE: HDB) Key Stats
There are currently 2,532,304K shares outstanding in the company with a market cap of 149.22 billion. Presently, the company’s annual sales total 42,247 M according to its annual income of 7,471 M. Last quarter, the company’s sales amounted to 14,453 M and its income totaled 2,121 M.
