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HDB: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -3.98%.However, over the last six months, we can see a stronger performance of -3.24%. Over the last 30 days, the price of HDB has leaped by -6.85%. And in the last five days, it has fallen by -1.96%.

At present, HDFC Bank Limited (HDB) has a stock price of $65.69. In the previous session, the stock saw a rise, peaking at $66.90 after an opening price of $66.44. The day’s lowest price was $66.30, and it closed at $66.56.

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HDFC Bank Limited experienced a rather steady stock market performance. The highest value in the past year was recorded at $71.76 on 01/24/23 and the lowest value was $51.04 on 06/16/22.

52-week price history of HDB Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. HDFC Bank Limited’s current trading price is -8.46% away from its 52-week high, while its distance from the 52-week low is 28.70%. The stock’s price range during this period has varied between$51.04 and $71.76. The HDFC Bank Limited’s shares, which operate in the Financial, saw a trading volume of around 1.47 million for the day, a figure considerably lower than their average daily volume of 1.54 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

HDFC Bank Limited (HDB) has experienced a quarterly decline of -2.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 111.67B and boasts a workforce of 129341 employees.

HDFC Bank Limited: Analysts’ Ratings Unveiled

As of right now, 32 analysts are rating HDFC Bank Limited as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 67.43, with a change in price of -1.78. Similarly, HDFC Bank Limited recorded 1,467,223 in trading volume during the last 100 days, posting a change of -2.64%.

HDB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HDB stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.62.

HDB Stock Stochastic Average

HDFC Bank Limited’s raw stochastic average for the past 50 days is presently 46.05%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 2.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.92% and 14.67%, respectively.

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