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HDB’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -9.85%. However, over the past six months, we’ve seen a weaker performance of 9.03%. The price of HDB leaped by -9.66% over the last 30 days. And in the last five days, it has surged by 0.50%.

HDFC Bank Ltd. ADR saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $68.37 on 08/10/23, while the lowest price for the same duration was marked at $52.16 on 02/13/24.

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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 -11.51% away from its 52-week high, while its distance from the 52-week low is 15.99%. The stock’s price range during this period has varied between$52.16 and $68.37. The HDFC Bank Ltd. ADR’s shares, which operate in the Financial, saw a trading volume of around 0.84 million for the day, a figure considerably lower than their average daily volume of 2.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

HDFC Bank Ltd. ADR (HDB) has experienced a quarterly rise of 4.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 153.43B and boasts a workforce of 213527 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 58.76, with a change in price of +4.58. Similarly, HDFC Bank Ltd. ADR recorded 2,619,897 in trading volume during the last 100 days, posting a change of +8.20%.

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 1.42. Similarly, the long-term debt-to-equity ratio is also 1.42.

HDB Stock Stochastic Average

As of today, HDFC Bank Ltd. ADR’s raw stochastic average for the last 50 days stands at 44.90%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 29.35%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 14.55% and 10.97%, respectively.

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