ICICI Bank Ltd. ADR (IBN) saw an uptrend of 4003289% in the recent trading with $5160000.0 being its most recent. The current price level -5.13% lower than the highest price of $34.50 marked by the stock while trading over the past 52-weeks, whereas it is 20.07% higher than the lowest price of $27.26 the company dropped to over past 52-weeks. The latest news story on IBN appeared in (Zacks) under the title “Zacks Industry Outlook Highlights HSBC, ICICI Bank and Barclays” on Jun-11-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.22 for the stock.
ICICI Bank Ltd. ADR Earnings – What Happened With IBN
Coming around sales and income figures on IBN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
ICICI Bank Ltd. ADR – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.57 billion. IBN does have institutional investors; and they hold 18.06% of the stock.
As on 2024-06-30, MORGAN STANLEY was the top most holder in ICICI Bank Ltd. ADR (NYSE:IBN) with an ownership of 56.72 million shares of the company or 1.6139 of the stake worth $1.63 billion. The filing also reveals WCM INVESTMENT MANAGEMENT, LLC as the second largest holder in the company with a control over 0.9044 of the outstanding shares. Its stake is worth $1.84 billion for having 63.57 million shares in hand.
GQG PARTNERS LLC also came holding a key position in the company during the recent quarter and it now holds 0.8033 of the outstanding shares. With this there are now 825.0 institutions which have possession in IBN’s shares.
Key Metrics forIBN
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, ICICI Bank Ltd. ADR has a debt to equity ratio of 0.70.
Technical Analysis of ICICI Bank Ltd. ADR (NYSE:IBN) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ICICI Bank Ltd. ADR (IBN), we notice that the stock’s 20-day average volume is at 4,020,475 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 5,146,172 shares. And to end, IBN’s 100-day average volume is 5,014,269 shares with 100% of the long-term indicators pointing towards Buy for the stock.
