ICICI Bank Ltd (NYSE:IBN)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $13.18, but opened at $13.45. ICICI Bank shares last traded at $13.59, with a volume of 6,847,684 shares.
Separately, ValuEngine raised shares of ICICI Bank from a “strong sell” rating to a “sell” rating in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $12.00.
The business’s 50 day moving average is $12.57 and its 200 day moving average is $11.93. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market cap of $43.94 billion, a price-to-earnings ratio of 90.60 and a beta of 0.79.
ICICI Bank Company Profile (NYSE:IBN)
ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits.
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