A share price of ICICI Bank Ltd. ADR [IBN] is currently trading at $29.86, up 1.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IBN shares have gain 1.95% over the last week, with a monthly amount drifted -4.78%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ICICI Bank Ltd. ADR [NYSE: IBN] stock has seen the most recent analyst activity on July 14, 2020, when Bernstein upgraded its rating to a Outperform. On October 30, 2017, upgrade upgraded it’s rating to Buy. Macquarie upgraded its rating to a Outperform. Jefferies downgraded its rating to a Hold. Goldman upgraded its rating to Buy for this stock on October 24, 2016. In a note dated June 16, 2016, JP Morgan downgraded an Neutral rating on this stock.
ICICI Bank Ltd. ADR experienced fluctuations in its stock price throughout the past year between $21.89 and $31.60. ICICI Bank Ltd. ADR [NYSE: IBN] shares were valued at $29.86 at the most recent close of the market.
Analyzing the IBN fundamentals
Trailing Twelve Months sales for ICICI Bank Ltd. ADR [NYSE:IBN] were 30.23B which represents 27.26% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.18 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
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 29.76 points at the first support level, and at 29.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.91, and for the 2nd resistance point, it is at 29.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ICICI Bank Ltd. ADR [NYSE:IBN] is 0.23. Considering the valuation of this stock, the price to sales ratio is 3.48, the price to book ratio is 3.21 and price to earnings (TTM) ratio is 19.58.
