Infosys Ltd ADR (NYSE: INFY) is -24.36% lower on its value in year-to-date trading and has touched a low of $15.82 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 $16.14 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $16.58, the stock is -5.19% and -13.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.61 million and changing 2.73% at the moment leaves the stock -22.47% off its SMA200. INFY registered -1.62% loss for a year compared to 6-month loss of -27.60%. The firm has a 50-day simple moving average (SMA 50) of $19.0674 and a 200-day simple moving average (SMA200) of $21.3849.
The stock witnessed a -8.19% gain in the last 1 month and extending the period to 3 months gives it a -21.76%, and is -1.78% 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 2.36% over the week and 2.87% over the month.
Infosys Ltd ADR (INFY) has around 323578 employees, a market worth around $68.86B and $19.28B in sales. Current P/E ratio is 21.79 and Fwd P/E is 19.22. Profit margin for the company is 16.38%. Distance from 52-week low is 4.80% and -29.83% from its 52-week high. The company has generated returns on investments over the last 12 months (26.57%).
The EPS is expected to grow by 5.59% this year.
Infosys Ltd ADR (INFY) Top Institutional Holders
750.0 institutions hold shares in Infosys Ltd ADR (INFY), with institutional investors hold 12.51% of the company’s shares. The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.38%. Institutions hold 12.51% of the Float.
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 0.6404% and valued at over $493.73 million, while CANADA PENSION PLAN INVESTMENT BOARD holds 0.5212 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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Still, SEC filings show that on Aug 19 ’24, INDERPREET SAWHNEY (Officer) Proposed Sale 14,000 shares at an average price of $22.22 for $0.31 million. The insider now directly holds shares of Infosys Ltd ADR (INFY).
