What’s The Story Behind ICICI Bank Ltd. (NYSE:IBN)


ICICI Bank Ltd. (NYSE:IBN) closed its last session at $10.2. The stock traded within a range of $ 9.89 and $10.26. The company operates in the Financial Services sector with a market capitalization of 33.61 Million. Trading volume for ICICI Bank Ltd. was 10.36 Million in its previous trading session. Currently, ICICI Bank Ltd. (NYSE:IBN) has an average volume of 6.37 Million.

Company Profile

ICICI Bank offers a wide range of banking products and services to corporate and retail customers through a variety of delivery channels.

Analyst Views

ICICI Bank Ltd. (NYSE:IBN) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

ICICI Bank Ltd. (NYSE:IBN) touched its 1-Year High price of $11.26 on 01/23/18 and its 1-Year Low price of $ 7.35 on 03/22/17.

EPS & Financials

For the current quarter, 1 analysts are projecting a mean EPS of $0.08/share. According to their observations and findings, the stock could provide a high EPS of $0.08/share and a low EPS of $0.08/share.

Analysts believe that the company has the potential to earn average revenue of $11.72 Billion for the current quarter. According to their predictions high & low revenue estimates are 11.38 Billion and 11.38 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. ICICI Bank Ltd. (NYSE:IBN) has a 20-Day average volume of 7.67 Million. According to today’s trading volume ICICI Bank Ltd. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 62.4 Percent and Institutional ownership of 22.9 Percent. The return on assets stands at 0%, Return on Equity currently is 0% and the Return on Investment value is 2.7%.

ICICI Bank Ltd. (NYSE:IBN) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -4.41% with a 50-Day Simple Moving Average of 1.11 percent. As of today, the company has a SMA200 (200-day simple moving average) of 10.1 Percent. The Stock has YTD (year to date) performance of 4.83 percent.

The TTM operating margin for the company stands at 0%. The return on invested capital is at 2.7%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 10.1%, and has a solid year to date (YTD) performance of 4.83% which means that the stock is constantly adding to its value from the previous fiscal year end price.