HDFC Bank Ltd. ADR (NYSE: HDB) on Monday, plunged -6.33% from the previous trading day, before settling in for the closing price of $36.48. Within the past 52 weeks, HDB’s price has moved between $28.82 and $39.72.
A company in the Financial sector has jumped its sales by 25.59% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.79%. With a float of $5.12 billion, this company’s outstanding shares have now reached $5.13 billion.
HDFC Bank Ltd. ADR (HDB) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of HDFC Bank Ltd. ADR is 0.12%, while institutional ownership is 13.57%.
HDFC Bank Ltd. ADR (HDB) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.38 earnings per share (EPS) for the period topping the consensus outlook (set at 0.25) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.45% during the next five years compared to 25.59% growth over the previous five years of trading.
HDFC Bank Ltd. ADR (NYSE: HDB) Trading Performance Indicators
HDFC Bank Ltd. ADR (HDB) 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 3.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.87 in one year’s time.
Technical Analysis of HDFC Bank Ltd. ADR (HDB)
Let’s dig in a bit further. During the last 5-days, its volume was 3.95 million. That was inferior than the volume of 6.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.46%.
During the past 100 days, HDFC Bank Ltd. ADR’s (HDB) raw stochastic average was set at 9.68%, which indicates a significant increase from 0.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.56 in the past 14 days, which was higher than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.16, while its 200-day Moving Average is $36.21. However, in the short run, HDFC Bank Ltd. ADR’s stock first resistance to watch stands at $35.26. Second resistance stands at $36.36. The third major resistance level sits at $36.91. If the price goes on to break the first support level at $33.61, it is likely to go to the next support level at $33.06. Assuming the price breaks the second support level, the third support level stands at $31.96.
HDFC Bank Ltd. ADR (NYSE: HDB) Key Stats
Market capitalization of the company is 175.23 billion based on 5,101,481K outstanding shares. Right now, sales total 49,104 M and income totals 7,884 M. The company made 13,634 M in profit during its latest quarter, and 2,255 M in sales during its previous quarter.
