Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ICICI Bank Ltd. ADR’s current trading price is -4.41% away from its 52-week high, while its distance from the 52-week low is 17.73%. The stock’s price range during this period has varied between $21.72 and $26.75. The company, active in the Financial sector, saw a trading volume of around 7.05 million for the day, considerably higher average daily volume of 6.42 million observed over the last three months.
ICICI Bank Ltd. ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $26.75 on 04/09/24, and the lowest price during the same period was recorded at $21.72 on 04/21/23.
How Financial Performance Impacts Market Capitalization
ICICI Bank Ltd. ADR (IBN) has experienced a quarterly rise of 6.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 89.78B and boasts a workforce of 130542 employees.
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 24.70, with a change in price of +3.38. Similarly, ICICI Bank Ltd. ADR recorded 6,063,205 in trading volume during the last 100 days, posting a change of +15.23%.
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
As of today, the raw stochastic average of ICICI Bank Ltd. ADR over the past 50 days is 63.24%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 3.28%. Additionally, the Stochastic %K and %D values for the company were 41.88% and 61.87%, respectively, over the past 20 days.
IBN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 7.26% this year. Over the last six months, there has been a weaker performance of 12.99%. The price of IBN leaped by -1.04% during the last 30 days period. For the last 5-days stocks have slided -1.96%.
