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HDFC Bank Ltd. ADR Inc. (HDB) Price Performance: A Technical Analysis Perspective

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Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -15.06%. However, over the past six months, we’ve seen a stronger performance of -12.60%. The price of HDB fallen by 6.05% over the last 30 days. And in the last five days, it has surged by 3.77%.

In terms of market performance, HDFC Bank Ltd. ADR had a fairly uneven. The highest value for the stock in the past year was $71.39 on 07/26/23, and the lowest value was recorded at $52.16 on 02/13/24.

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 Ltd. ADR’s current trading price is -20.16% away from its 52-week high, while its distance from the 52-week low is 9.28%. The stock’s price range during this period has varied between$52.16 and $71.39. The HDFC Bank Ltd. ADR’s shares, which operate in the Financial, saw a trading volume of around 4.41 million for the day, a figure considerably higher than their average daily volume of 3.65 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

HDFC Bank Ltd. ADR (HDB) has experienced a quarterly decline of -11.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 144.33B and boasts a workforce of 173222 employees.

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 58.90, with a change in price of -1.24. Similarly, HDFC Bank Ltd. ADR recorded 3,089,438 in trading volume during the last 100 days, posting a change of -2.13%.

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 1.83. Similarly, the long-term debt-to-equity ratio is also 1.83.

HDB Stock Stochastic Average

HDFC Bank Ltd. ADR’s raw stochastic average for the past 50 days is presently 32.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 98.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.61% and 83.01%, respectively.

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