HDFC Bank Ltd. ADR (NYSE: HDB) is -2.07% lower on its value in year-to-date trading and has touched a low of $52.16 and a high of $68.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HDB stock was last observed hovering at around $64.06 in the last trading session, with the day’s loss setting it -1.52%.
Currently trading at $62.54, the stock is -4.61% and -3.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing -2.37% at the moment leaves the stock 2.27% off its SMA200. HDB registered -5.11% loss for a year compared to 6-month gain of 1.05%. The firm has a 50-day simple moving average (SMA 50) of $64.784 and a 200-day simple moving average (SMA200) of $61.15005.
The stock witnessed a -6.24% loss in the last 1 month and extending the period to 3 months gives it a 3.73%, and is -3.44% 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 0.91% over the week and 1.03% over the month.
HDFC Bank Ltd. ADR (HDB) has around 213527 employees, a market worth around $159.43B and $57.32B in sales. Current P/E ratio is 19.17 and Fwd P/E is 17.45. Profit margin for the company is 14.48%. Distance from 52-week low is 19.90% and -8.70% from its 52-week high. The company has generated returns on investments over the last 12 months (6.06%).
with sales reaching $428.35B over the same period.The EPS is expected to grow by 9.77% this year, but quarterly earnings will post 210.44% year-over-year. Quarterly sales are estimated to grow 8.15% in year-over-year returns.
HDFC Bank Ltd. ADR (HDB) Top Institutional Holders
The shares outstanding are 2.55B, and float is at 2.55B with Short Float at 0.74%.
The top institutional shareholder in the company is MORGAN STANLEY with over 16.84 million shares valued at $1.08 billion. The investor’s holdings represent 0.2209% of the HDB Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 13.98 million shares valued at $899.08 million to account for 0.1834 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 13.05 million shares representing 0.171% and valued at over $839.33 million, while BAILLIE GIFFORD & CO holds 0.1513 of the shares totaling 11.53 million with a market value of $741.93 million.
HDFC Bank Ltd. ADR (HDB) Insider Activity
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