HSBC Holdings plc ADR (NYSE: HSBC) has a price-to-earnings ratio that is above its average at 7.07x. The stock has a 36-month beta value of 0.63. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HSBC is 3.79B, and at present, short sellers hold a 0.18% of that float. On April 04, 2024, the average trading volume of HSBC was 2.29M shares.
HSBC) stock’s latest price update
The stock price of HSBC Holdings plc ADR (NYSE: HSBC) has surged by 2.06 when compared to previous closing price of 39.32, but the company has seen a 1.08% gain in its stock price over the last five trading sessions. CNBC Television reported 2024-04-03 that Max Kettner, HSBC Global Research chief multi-asset strategist, joins ‘Closing Bell’ to discuss his market outlook, buying into the Q2 dip and his Q2 playbook.
HSBC’s Market Performance
HSBC Holdings plc ADR (HSBC) has experienced a 1.08% rise in stock performance for the past week, with a 3.48% rise in the past month, and a 0.02% rise in the past quarter. The volatility ratio for the week is 0.97%, and the volatility levels for the past 30 days are at 0.89% for HSBC. The simple moving average for the last 20 days is 3.76% for HSBC stock, with a simple moving average of 2.76% for the last 200 days.
HSBC Trading at 3.12% from the 50-Day Moving Average
After a stumble in the market that brought HSBC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.50% of loss for the given period.
Volatility was left at 0.89%, however, over the last 30 days, the volatility rate increased by 0.97%, as shares surge +3.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.70% upper at present.
During the last 5 trading sessions, HSBC rose by +1.08%, which changed the moving average for the period of 200-days by +2.77% in comparison to the 20-day moving average, which settled at $38.74. In addition, HSBC Holdings plc ADR saw -1.01% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HSBC
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 1.0 for the gross margin
The net margin for HSBC Holdings plc ADR stands at 0.36. The total capital return value is set at 0.01. Equity return is now at value 13.38, with 0.75 for asset returns.
Currently, EBITDA for the company is 32.79 billion with net debt to EBITDA at -2.41. When we switch over and look at the enterprise to sales, we see a ratio of 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To sum up, HSBC Holdings plc ADR (HSBC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
