Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, ICICI Bank Ltd. ADR’s stock clocked out at $31.67, up 1.25% from its previous closing price of $31.28. In other words, the price has increased by $1.25 from its previous closing price. On the day, 7.53 million shares were traded. IBN stock price reached its highest trading level at $31.99 during the session, while it also had its lowest trading level at $31.595.
Ratios:
To gain a deeper understanding of IBN’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.74.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IBN now has a Market Capitalization of 111888842752 and an Enterprise Value of 1790632787968. As of this moment, ICICI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.73, and their Forward P/E ratio for the next fiscal year is 19.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 1.02.
Stock Price History:
The Beta on a monthly basis for IBN is 0.67, which has changed by 0.22277987 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, IBN has reached a high of $32.14, while it has fallen to a 52-week low of $25.12. The 50-Day Moving Average of the stock is 10.25%, while the 200-Day Moving Average is calculated to be 8.40%.
Shares Statistics:
It appears that IBN traded 4.28M shares on average per day over the past three months and 6391780 shares per day over the past ten days. A total of 3.53B shares are outstanding, with a floating share count of 3.53B. Insiders hold about 0.00% of the company’s shares, while institutions hold 17.91% stake in the company. Shares short for IBN as of 1740700800 were 24658008 with a Short Ratio of 5.76, compared to 1738281600 on 22429651. Therefore, it implies a Short% of Shares Outstanding of 24658008 and a Short% of Float of 1.50999995.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, IBN has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 1.01. The current Payout Ratio is 13.22% for IBN, which recently paid a dividend on 2024-08-12 with an ex-dividend date of 1723420800. Stock splits for the company last occurred on 2017-06-19 when the company split stock in a 11:10 ratio.
