ICICI Bank Ltd. ADR (IBN) Stock: Navigating Market Highs and Lows in 52 Weeks

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ICICI Bank Ltd. ADR’s current trading price is -10.28% away from its 52-week high, while its distance from the 52-week low is 15.05%. The stock’s price range for this time frame has been between $19.34 and $24.80. The trading volume of the company’s shares in the Financial reached around 6.31 million for the day, which was evidently higher than the average daily volume of 4.32 million over the last three months.

ICICI Bank Ltd. ADR (IBN) current stock price is $22.25. During the last trading session, the stock soared, reaching $22.29 after opening at $22.19. The stock’s lowest point was $22.135 before it closed at $22.19.

ICICI Bank Ltd. ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $24.80 on 07/26/23, and the lowest price during the same period was recorded at $19.34 on 03/15/23.

How Financial Performance Impacts Market Capitalization

ICICI Bank Ltd. ADR (IBN) has experienced a quarterly decline of -2.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 77.98B and boasts a workforce of 130542 employees.

Decoding Analysts’ Ratings for ICICI Bank Ltd. ADR

As of right now, 41 analysts are rating ICICI Bank Ltd. ADR as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 23.17, with a change in price of -0.86. Similarly, ICICI Bank Ltd. ADR recorded 4,201,002 in trading volume during the last 100 days, posting a change of -3.72%.

How IBN’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for IBN stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.82.

IBN Stock Stochastic Average

ICICI Bank Ltd. ADR’s raw stochastic average for the past 50 days is currently at 16.22%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 30.25%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.85% and 38.19%, respectively.

IBN Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 1.64%. However, over the last six months, the performance has been stronger by -2.92%. The price of IBN decreased -0.04% over the last 30 days. And in the last five days, it has fallen by -0.63%.

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