A share price of HSBC Holdings plc ADR [HSBC] is currently trading at $38.49, up 0.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HSBC shares have gain 3.41% over the last week, with a monthly amount drifted -3.00%, and not seem to be holding up well over a long-time horizon.
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On 27, February 2024, HSBC Wins Market Leader and Best Service Awards in Euromoney’s Trade Finance Survey. In a post published today on Yahoo Finance, HSBC today announced that it received top awards in Euromoney’s 2024 Trade Finance Survey. The bank received 28 Market Leader awards and Best Service awards across 24 markets and regions, including the Americas.
From an analyst’s perspective:
HSBC Holdings plc ADR [NYSE: HSBC] stock has seen the most recent analyst activity on January 16, 2024, when Exane BNP Paribas downgraded its rating to a Underperform. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on November 22, 2023. On October 17, 2023, downgrade downgraded it’s rating to Sell. Goldman upgraded its rating to a Buy. UBS downgraded its rating to a Neutral. JP Morgan upgraded its rating to Overweight for this stock on August 07, 2023. In a note dated May 03, 2023, Berenberg upgraded an Buy rating on this stock.
HSBC Holdings plc ADR experienced fluctuations in its stock price throughout the past year between $32.40 and $42.47. HSBC Holdings plc ADR [NYSE: HSBC] shares were valued at $38.49 at the most recent close of the market.
Analyzing the HSBC fundamentals
Trailing Twelve Months sales for HSBC Holdings plc ADR [NYSE:HSBC] were 89.39B which represents 18.27% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.25 points at the first support level, and at 38.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.81, and for the 2nd resistance point, it is at 39.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for HSBC Holdings plc ADR [NYSE:HSBC] is 1.43. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 6.78.
