The stock price of HDFC Bank Ltd. ADR (NYSE: HDB) has surged by 0.22 when compared to previous closing price of 60.09, but the company has seen a 2.35% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-19 that Investors interested in Banks – Foreign stocks are likely familiar with Intesa Sanpaolo SpA (ISNPY) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now?
Is It Worth Investing in HDFC Bank Ltd. ADR (NYSE: HDB) Right Now?
The price-to-earnings ratio for HDFC Bank Ltd. ADR (NYSE: HDB) is above average at 18.64x. The 36-month beta value for HDB is also noteworthy at 0.91. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for HDB is 2.54B, and at present, short sellers hold a 0.46% of that float. The average trading volume of HDB on August 21, 2024 was 2.98M shares.
HDB’s Market Performance
The stock of HDFC Bank Ltd. ADR (HDB) has seen a 2.35% increase in the past week, with a -0.53% drop in the past month, and a 7.21% gain in the past quarter. The volatility ratio for the week is 1.06%, and the volatility levels for the past 30 days are at 1.23% for HDB. The simple moving average for the past 20 days is 0.68% for HDB’s stock, with a 2.05% simple moving average for the past 200 days.
HDB Trading at -1.44% from the 50-Day Moving Average
After a stumble in the market that brought HDB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.71% of loss for the given period.
Volatility was left at 1.23%, however, over the last 30 days, the volatility rate increased by 1.06%, as shares surge +0.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.93% upper at present.
During the last 5 trading sessions, HDB rose by +2.36%, which changed the moving average for the period of 200-days by +4.15% in comparison to the 20-day moving average, which settled at $59.84. In addition, HDFC Bank Ltd. ADR saw -10.27% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HDB
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.99 for the gross margin
The net margin for HDFC Bank Ltd. ADR stands at 0.25. The total capital return value is set at 0.02. Equity return is now at value 17.44, with 2.07 for asset returns.
The debt to equity ratio resting at 1.42. The interest coverage ratio of the stock is 0.64.
Currently, EBITDA for the company is -13.84 billion with net debt to EBITDA at 24.5. When we switch over and look at the enterprise to sales, we see a ratio of 6.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In summary, HDFC Bank Ltd. ADR (HDB) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
