HDFC Bank Ltd. ADR (NYSE: HDB) is -6.25% 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 $60.64 in the last trading session, with the day’s loss setting it -0.77%.
Currently trading at $59.87, the stock is 0.26% and -5.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing -1.27% at the moment leaves the stock -2.51% off its SMA200. HDB registered 7.89% gain for a year compared to 6-month gain of -1.06%. The firm has a 50-day simple moving average (SMA 50) of $63.3712 and a 200-day simple moving average (SMA200) of $61.39625.
The stock witnessed a -6.25% loss in the last 1 month and extending the period to 3 months gives it a -6.70%, and is 1.96% 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 1.16% over the week and 1.24% over the month.
HDFC Bank Ltd. ADR (HDB) has around 213527 employees, a market worth around $152.63B and $56.79B in sales. Current P/E ratio is 18.35 and Fwd P/E is 17.60. Profit margin for the company is 14.64%. Distance from 52-week low is 14.78% and -12.60% from its 52-week high. The company has generated returns on investments over the last 12 months (6.16%).
with sales reaching $435.15B over the same period.The EPS is expected to grow by 6.38% this year, but quarterly earnings will post 7.75% year-over-year. Quarterly sales are estimated to shrink -7.89% 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 0.51%.
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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