Analysts Insights on Icici Bank Ltd (IBN)

Alicia Cross
March 31, 2018

The bid price was Rs.284.50 for 2786 stocks and the ask price was Rs.284.55 for 86 stocks making the bid-ask spread to be -0.05 points with the traded volume being 20,893,454 stocks. Noting its average daily volume at 7.65 million shares each day over the month, this signifies a pretty significant change over the norm. The stock increased 1.69% or $3.59 during the last trading session, reaching $216.13. Horseman Capital Management Ltd sold 130,000 shares as the company's stock rose 14.25% with the market.

As of now, ICICI Bank Limited has a P/S, P/E and P/B values of 6.15, 29.29 and 0 respectively. Its book value per share for the most recent quarter is $0 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. Analyst's mean target price for ICICI Bank Limited is $14.25. This is something that investor look for in all the stocks in which investor is trading and this is an important indicator to keep tabs on. Performance history gives insight to investors into the health of companies in which they invested.

Calamos Advisors LLC boosted its holdings in shares of ICICI Bank (NYSE:IBN) by 1,797.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. This short time frame picture represents a downward movement of current price over average price of last 20 days. Their 50-Day Simple Moving Average is a difference of -12.14% from current levels. Rbf Cap holds 15,000 shares or 0.24% of its portfolio. IBN stock price revealed pessimistic move of -7.26% comparing average price of last 200 days.

The ROA is 0.00%. The higher the RVOL the more In Play the stock is.

The return on assets ratio of the Company was 0.00% while its return on investment ratio was 2.70%. Analysts therefore consider the investment a net gain. That volatile action came as shareholders digested upbeat data on USA economic growth and home sales, against the backdrop of the battered tech complex. The stock has shown a quarterly performance of -13.3% and a half-year performance stands at -37.47%.

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What is ATR/ Beta/Volatility: The ATR may be used by stocks market technicians to get into and exit trades, and it is a helpful tool to add to a trading system. IBN institutional ownership is held at 22.8% while insider ownership was 62.4%. Its relative volume is 1.30. The stock has been moved at 1.52 percent over the last six months and 12.06 percent during previous year. When analyzing volume, determine the strength or weakness of a move. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions. IBN is now priced at a -38.88% to its one-year price target of 14.25. One obvious showing off to identify high earnings per portion count together companies are to locate companies that have demonstrated such build up beyond the p.s. 5 to 10 years. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 22.00%, annually.

Measuring its EPS growth this year at 0%.

Therefore, the stated figure displays a quarterly performance of -1.48%, bringing six-month performance to -1.92% and year to date performance of 0.74%. The hedge fund held 402,613 shares of the commercial banks company at the end of 2017Q4, valued at $3.92 million, down from 561,193 at the end of the previous reported quarter.

The stock hit an intraday high of Rs. 42.4 and intraday low of 37. Its EPS was $0.3 while outstanding shares of the company were 3.27B.

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