For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, HDFC Bank Ltd. ADR’s stock clocked out at $65.80, up 1.98% from its previous closing price of $64.52. In other words, the price has increased by $1.98 from its previous closing price. On the day, 4.19 million shares were traded. HDB stock price reached its highest trading level at $66.1 during the session, while it also had its lowest trading level at $65.3.
Ratios:
To gain a deeper understanding of HDB’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HDB now has a Market Capitalization of 167831453696 and an Enterprise Value of 4885614952448. As of this moment, HDFC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.17, and their Forward P/E ratio for the next fiscal year is 19.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 1.808.
Stock Price History:
The Beta on a monthly basis for HDB is 0.70, which has changed by 0.20667517 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, HDB has reached a high of $68.50, while it has fallen to a 52-week low of $54.07. The 50-Day Moving Average of the stock is 9.02%, while the 200-Day Moving Average is calculated to be 6.10%.
Shares Statistics:
It appears that HDB traded 2.51M shares on average per day over the past three months and 2895850 shares per day over the past ten days. A total of 2.55B shares are outstanding, with a floating share count of 2.55B. Insiders hold about 0.08% of the company’s shares, while institutions hold 13.88% stake in the company. Shares short for HDB as of 1740700800 were 19211008 with a Short Ratio of 7.65, compared to 1738281600 on 14294082. Therefore, it implies a Short% of Shares Outstanding of 19211008 and a Short% of Float of 0.75.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, HDB has a forward annual dividend rate of 0.70. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.58. The current Payout Ratio is 18.08% for HDB, which recently paid a dividend on 2023-05-12 with an ex-dividend date of 1715126400. Stock splits for the company last occurred on 2019-09-26 when the company split stock in a 2:1 ratio.
