At the end of the latest market close, HDFC Bank Limited (HDB) was valued at $52.80. In that particular session, Stock kicked-off at the price of $52.09 while reaching the peak value of $53.10 and lowest value recorded on the day was $51.55. The stock current value is $53.03.Recently in News on July 28, 2021, HDFC Bank Limited 20-F Available Online. HDFC Bank Limited (NYSE : HDB) filed its Form 20-F for the year ended March 31, 2021 on July 28, 2021. Filings made by HDFC Bank Limited with SEC are available from the SEC’s EDGAR database via the direct link to its website located under “About Us/Investor-relations/SEC Filings” on HDFC Bank’s website, or via www.sec.gov. Shareholders/Members of the Bank may also write to Mr. Santosh Haldankar, Senior Vice President (Legal) & Company Secretary, HDFC Bank Limited, 2nd Floor, Zenith House, Keshavrao Khadye Marg, Mahalakshmi, Mumbai 400 034, India, email@example.com, requesting a hard copy of the completed audited financial statements free of charge. You can read further details here
HDFC Bank Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $72.20 on 01/14/22, with the lowest value was $50.61 for the same time period, recorded on 05/09/22.
HDFC Bank Limited (HDB) full year performance was -24.04%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, HDFC Bank Limited shares are logging -33.20% during the 52-week period from high price, and 4.78% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $50.61 and $79.39.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1112786 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the HDFC Bank Limited (HDB) recorded performance in the market was -18.86%, having the revenues showcasing -21.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 99.88B, as it employees total of 134412 workers.
Specialists analysis on HDFC Bank Limited (HDB)
During the last month, 26 analysts gave the HDFC Bank Limited a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 62.56, with a change in the price was noted -9.03. In a similar fashion, HDFC Bank Limited posted a movement of -14.57% for the period of last 100 days, recording 2,033,762 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HDB is recording 0.54 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.54.
Trends and Technical analysis: HDFC Bank Limited (HDB)
Raw Stochastic average of HDFC Bank Limited in the period of last 50 days is set at 11.61%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 36.64%. In the last 20 days, the company’s Stochastic %K was 29.38% and its Stochastic %D was recorded 24.57%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -18.86%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -26.07%, alongside a downfall of -24.04% for the period of the last 12 months. The shares increased approximately by -1.12% in the 7-day charts and went up by -12.58% in the period of the last 30 days. Common stock shares were lifted by -21.86% during last recorded quarter.