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Is ICICI Bank Ltd. ADR (IBN) a good stock to buy now?

ICICI Bank Ltd. ADR (NYSE: IBN) is 11.91% higher on its value in year-to-date trading and has touched a low of $21.89 and a high of $28.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IBN stock was last observed hovering at around $26.47 in the last trading session, with the day’s gains setting it 0.21%.

Currently trading at $26.68, the stock is -0.80% and 0.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.74 million and changing 0.79% at the moment leaves the stock 8.79% off its SMA200. IBN registered 16.61% gain for a year compared to 6-month gain of 11.17%.

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The stock witnessed a -0.97% loss in the last 1 month and extending the period to 3 months gives it a 1.91%, and is -0.22% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 1.14% over the month.

ICICI Bank Ltd. ADR (IBN) has around 130542 employees, a market worth around $93.81B and $28.50B in sales. Current P/E ratio is 17.82 and Fwd P/E is 15.49. Profit margin for the company is 18.75%. Distance from 52-week low is 21.88% and -5.96% from its 52-week high. The company has generated returns on investments over the last 12 months (9.62%).

The EPS is expected to grow by 9.32% this year.

ICICI Bank Ltd. ADR (IBN) Top Institutional Holders

The shares outstanding are 3.52B, and float is at 3.51B with Short Float at 0.83%.

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