ICICI Bank Ltd. ADR (IBN) Moves -0.13% Lower: These Numbers are Too Good to be True

Zack King

Witnessing the stock’s movement on the chart, on Wednesday, ICICI Bank Ltd. ADR (NYSE: IBN) had a quiet start as it plunged -0.13% to $30.37, before settling in for the price of $30.41 at the close. Taking a more long-term approach, IBN posted a 52-week range of $27.42-$34.56.

In the past 5-years timespan, the Financial sector firm’s annual sales growth was 32.61%. Meanwhile, its Annual Earning per share during the time was 32.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.76%. This publicly-traded company’s shares outstanding now amounts to $3.57 billion, simultaneously with a float of $3.57 billion. The organization now has a market capitalization sitting at $108.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $31.32, while the 200-day Moving Average is $31.72.

ICICI Bank Ltd. ADR (IBN) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Banks – Regional industry. ICICI Bank Ltd. ADR’s current insider ownership accounts for 0.12%, in contrast to 18.07% institutional ownership.

ICICI Bank Ltd. ADR (IBN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.

ICICI Bank Ltd. ADR’s EPS increase for this current 12-month fiscal period is 5.76% and is forecasted to reach 1.83 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.94% through the next 5 years, which can be compared against the 32.61% growth it accomplished over the previous five years trading on the market.

ICICI Bank Ltd. ADR (NYSE: IBN) Trading Performance Indicators

Let’s observe the current performance indicators for ICICI Bank Ltd. ADR (IBN). Alongside those numbers, its PE Ratio stands at $18.04, and its Beta score is 0.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.06.

In the same vein, IBN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.68, a figure that is expected to reach 0.38 in the next quarter, and analysts are predicting that it will be 1.83 at the market close of one year from today.

Technical Analysis of ICICI Bank Ltd. ADR (IBN)

Going through the that latest performance of [ICICI Bank Ltd. ADR, IBN]. Its last 5-days volume of 4.96 million indicated improvement to the volume of 4.69 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 25.52% While, its Average True Range was 38.18.

Raw Stochastic average of ICICI Bank Ltd. ADR (IBN) in the period of the previous 100 days is set at 7.19%, which indicates a major fall in contrast to 10.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.36 that was higher than 0.31 volatility it exhibited in the past 100-days period.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.