Infosys Ltd ADR (NYSE: INFY) is -1.73% lower on its value in year-to-date trading and has touched a low of $15.95 and a high of $23.63 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 INFY stock was last observed hovering at around $21.68 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $21.54, the stock is -2.94% and -4.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.59 million and changing -0.65% at the moment leaves the stock 3.70% off its SMA200. INFY registered 8.37% gain for a year compared to 6-month gain of -2.14%. The firm has a 50-day simple moving average (SMA 50) of $22.449 and a 200-day simple moving average (SMA200) of $20.77155.
The stock witnessed a -5.44% loss in the last 1 month and extending the period to 3 months gives it a -3.02%, and is 1.65% up 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 1.36% over the week and 1.58% over the month.
Infosys Ltd ADR (INFY) has around 317240 employees, a market worth around $89.44B and $19.12B in sales. Current P/E ratio is 27.03 and Fwd P/E is 25.87. Profit margin for the company is 17.29%. Distance from 52-week low is 35.06% and -8.84% from its 52-week high. The company has generated returns on investments over the last 12 months (30.11%).
with sales reaching $420.69B over the same period.The EPS is expected to shrink by -2.44% this year, but quarterly earnings will post 6.97% year-over-year. Quarterly sales are estimated to grow 10.93% in year-over-year returns.
Infosys Ltd ADR (INFY) Top Institutional Holders
The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.15%.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 66.65 million shares valued at $1.24 billion. The investor’s holdings represent 1.6098% of the INFY Shares outstanding. As of 2024-06-30, the second largest holder is FIRST TRUST ADVISORS LP with 35.4 million shares valued at $659.11 million to account for 0.8551 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 26.52 million shares representing 0.6406% and valued at over $493.73 million, while CANADA PENSION PLAN INVESTMENT BOARD holds 0.5213 of the shares totaling 21.58 million with a market value of $401.83 million.
Infosys Ltd ADR (INFY) Insider Activity
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