Infosys Ltd ADR (NYSE: INFY) is 1.70% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INFY stock was last observed hovering at around $18.52 in the last trading session, with the day’s gains setting it 12009981.48%.
Currently trading at $12010000.0, the stock is 1.07% and 2.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.7 million and changing 0.05% at the moment leaves the stock -9.69% off its SMA200. INFY registered -15.47% loss for a year compared to 6-month loss of -18.62%. The firm has a 50-day simple moving average (SMA 50) of $18.029 and a 200-day simple moving average (SMA200) of $20.5191.
The stock witnessed a 0.38% gain in the last 1 month and extending the period to 3 months gives it a 1.98%, and is 2.38% 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 0.88% over the week and 1.19% over the month.
Infosys Ltd ADR (INFY) has around 323578 employees, a market worth around $76.98B and $19.28B in sales. Current P/E ratio is 24.36 and Fwd P/E is 21.48. Profit margin for the company is 16.38%. Distance from 52-week low is 17.13% and -21.58% 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 5.56% this year.
Infosys Ltd ADR (INFY) Top Institutional Holders
736.0 institutions hold shares in Infosys Ltd ADR (INFY), with institutional investors hold 13.94% of the company’s shares. The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.63%. Institutions hold 13.94% 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 0.855 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.
